Best Supply Chain Risk Management Software
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Compare the Top Supply Chain Risk Management Software as of November 2025
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What is Supply Chain Risk Management Software?
Supply chain risk management software helps organizations identify, assess, and mitigate risks throughout their supply chain, ensuring business continuity and reducing vulnerabilities. These platforms provide tools for monitoring suppliers, tracking disruptions, and analyzing potential risks, such as natural disasters, economic shifts, or political instability. They allow companies to create risk profiles for suppliers, assess the impact of various risks, and develop strategies to minimize exposure. Additionally, supply chain risk management software often integrates with other enterprise systems, such as inventory and procurement tools, to enhance data visibility and enable faster decision-making. By using this software, businesses can strengthen their supply chain resilience and avoid costly disruptions. Compare and read user reviews of the best Supply Chain Risk Management software currently available using the table below. This list is updated regularly.
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1
RiskWatch
RiskWatch
RiskWatch risk assessment and compliance management solutions use a survey-based process for physical & information security in which a series of questions are asked about an asset and a score is calculated based on responses. Additional metrics can be combined with the survey score to value the asset, rate likelihood, and impact. Assign tasks and manage remediation based on survey results. Identify the risk factors of each asset you assess. Receive notifications for non-compliance to your custom requirements and any relevant standards/regulations.Starting Price: $99/month/user -
2
CanQualify
CanQualify
A better way to qualify and manage suppliers, contractors, sub-contractors, and vendors. CanQualify is a cloud-based service that provides supplier risk management and compliance through pre-qualification, data collection, employee assessments, and audits. Our goal is to collaborate with our clients to build an evergreen platform that provides the necessary qualification tools that can be modified when needed to meet current and future needs. A well-informed supply chain builds teamwork, lays the groundwork for improved culture, and is one of the keys to reducing and eliminating incidents. We challenge the status quo of supplier management and provide a simpler, customizable, adaptable, and cost-effective alternative. With CanQualify, hiring clients can rest easy knowing their contractors, vendors, and suppliers comply with safety and sustainability requirements.Starting Price: $99 annually -
3
UpGuard
UpGuard
The new standard in third-party risk and attack surface management. UpGuard is the best platform for securing your organization’s sensitive data. Our security ratings engine monitors millions of companies and billions of data points every day. Continuously monitor your vendors, automate security questionnaires, and reduce third and fourth-party risk. Monitor your attack surface, prevent data breaches, discover leaked credentials, and protect customer data. Scale your third-party risk program with UpGuard analysts, and let us monitor your organization and vendors for data leaks. UpGuard builds the most powerful and flexible tools for cybersecurity. Whether you’re looking to prevent third-party data breaches, continuously monitor your vendors, or understand your attack surface, UpGuard’s meticulously designed platform, and unmatched functionality helps you protect your most sensitive data. Hundreds of the world’s most data-conscious companies are scaling faster and more securely.Starting Price: $5,249 per year -
4
SiliconExpert
SiliconExpert
SiliconExpert provides comprehensive data and insights to mitigate risks throughout the product lifecycle, from development through production to sustainment. Their platform offers a 360-degree view of electronic and electromechanical components, facilitating informed decision-making in design, engineering, supply chain management, and compliance. With a database encompassing over one billion parts, SiliconExpert enables users to search for cross-references, assess lifecycle statuses, manage obsolescence forecasts, ensure regulatory compliance, and access inventory data. Their solutions include tools and API integrations, all designed to streamline processes and reduce the likelihood of selecting high-risk components. Additionally, SiliconExpert actively monitors more than 20 regulations to help companies stay current with the evolving compliance landscape. Serving industries such as consumer electronics, telecommunications, automotive, etc. -
5
Nostradamus
Ceres Technology
Nostradamus is an AI-powered supply chain risk management platform developed by Ceres Technology. It enables organizations to analyze various elements, such as raw materials, suppliers, logistics, and components, to swiftly identify and mitigate potential risks. By leveraging over 25,000 global indicators from trusted public data sources and proprietary insights, Nostradamus proactively detects factors that could disrupt supply chains. Nostradamus' capabilities include assessing raw material and component availability and cost risks, evaluating supplier stability, and understanding multi-tier risks without the need for manual supply chain mapping. Additionally, Nostradamus offers real-time notifications for immediate anomaly detection and competitive analysis to monitor market dynamics. Its flexible architecture allows users to utilize default models, integrate their own, or incorporate Nostradamus data into existing forecasts via APIs. -
6
LiveSource
WiseTech Global
Blume Global’s solution for manufacturers (Livesource) is a purpose-built platform for managing the entire direct material lifecycle, from sourcing and supplier collaboration to quality management and inbound logistics execution. Designed for complex, global supply chains, Blume connects engineering, procurement, and logistics teams with suppliers on a unified, BOM-centric platform. With integrated APQP, PPAP, RFQ, ASN, and packaging workflows, manufacturers gain real-time control over part-level risk, supplier performance, and production readiness. The platform delivers insights powered by AI-ready data and provides true multimodal visibility across transportation modes. Blume’s modular platform integrates seamlessly with ERP and PLM systems, accelerates supplier onboarding, reduces order cycle time by up to 90%, and improves on-time delivery by 18% without the need to replace your existing systems. -
7
Craft
Craft
Craft provides a robust platform designed to enhance supply chain resilience with real-time intelligence, risk management, and data-driven insights. The platform offers tools for Supplier Intelligence, Supplier Risk Management, and Supply Chain Risk Management, enabling businesses to monitor supplier dependencies, assess risk across multiple domains, and proactively mitigate potential disruptions. By integrating real-time data from over 1,300 data streams, Craft helps organizations navigate financial, regulatory, cybersecurity, and geopolitical risks, ultimately improving decision-making and operational agility across supply chains. -
8
Silex
Silex
Silex is the first cognitive sourcing platform that helps buyers and procurement leaders to streamline all their sourcing & supplier processes. By using data and best-in-class AI algorithms, Silex brings procurement performance to the next level. Scouting functionalities are intended to strengthen the ability of buyers to know and master supplier markets. Users identify, evaluate, exchange and compare suppliers on a comfortable, efficient and easy-to-use solution. With assistive technologies and natural language searches, users work efficiently and can conduct more procedures while integrating even more precise constraints and criteria. Silex offers the possibility of integrating repositories (suppliers, contracts) to harmonize purchasing practices and share knowledge within the organization. In addition, Silex offers its users to access essential data sources (public and private) guaranteeing the analysis of relevant and up-to-date information on all suppliers. -
9
Radley iSC
Radley
Radley’s iSC supplier management solution lets you automate routine supplier transactions. For example, easily manage PO’s, shipping notices and invoices. Manage demand, reduce supplier risk and gain visibility to supplier transactions. Radley iSC makes it easy and efficient. Lower costs with full inventory visibility, including in-transit. Quick switch to an alternate supplier when necessary to avoid disruptions. Automate invoicing and buyer remittance. Produce detailed supplier performance reports. Meet industry & OEM requirements. View exceptions, track shipments & more. Manage releases, shipment instructions, POs, and transactions. Eliminate manual data entry, phone calls, emails & faxes. Your business relies on suppliers to ensure efficient production and orders ship on time. Learn how iSC vendor management software can help you maintain your competitive edge. Transform your dated supply chain into a fast, efficient one. -
10
Windward Maritime AI
Windward
Empower your organization with actionable Maritime AI insights and organization-defined risk tailored to your unique workflows to optimize operational readiness and supply chain risk management. Identify new business and trading opportunities, and create business growth via data-driven decisions. By fusing multiple data sources and applying advanced machine learning models and proprietary behavioral activities, unique identities are created for each entity in the maritime domain. This delivers a holistic, spoofing-proof view of maritime risk. Optimize your pre- and post-fixture processes by leveraging Windward’s AI models and organization-defined risk for streamlined risk management, vessel screening, and business growth. Windward Ocean Freight Visibility offers exception insights, shipment visibility, and BI and analytics, enabling you to enhance ocean freight operations and processes in a scalable manner.
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