- 12 November 2018
- Transport / Logistics Services
Colombia Capital is to invest $21 million into the Deutsche Post DHL Group’s Resilience 360 cloud based supply chain risk management system (R360).
Under the equity commitment, Colombia Capital is to take an active tole in driving organic and inorganic growth opportunities for the R360 platform that allows businesses to visualise, track and manage risk in their global end-to-end supply chain operations.
“Resilience360 is a key part of DHL’s value proposition. By bringing in Columbia Capital, we have the opportunity to significantly enhance its capabilities, particularly in data analytics and accelerate the growth of the platform and provide an even better service offering to our customers,” explains Katja Busch, DHL’s Chief Commercial Officer. “Supply chain risk management is more important than ever to our customers and aiding global supply chains to be more resilient is a critical part of our business. The investment reflects our commitment to helping the industry manage risks beyond the DHL network.”
“Supply chain technology and analytics have huge potential to increase supply chain efficiency and create value,” says John Siegel, a partner at Columbia Capital. “We spent significant time meeting with many companies that are addressing this opportunity and believe that Resilience360 has very unique capabilities and potential.”
The R360 system is an end to end supply chain risk management platform. It alerts customers of supply chain incidents globally as well as risks to their global supply chain in real time. It helps businesses assess the impact of natural disasters changing regulatory environments, and other supply chain risks. Using the system, companies can see their supply chains from end to end, using AI to detect early warnings of incidents that can disrupt the supply chain and allow them to preemptively respond and minimise business interruption.