Transportation / Supply Chain

As the world becomes ever more connected, transportation and supply chain become even more critical factors.  One can point to security events such as the 25 Dec attempted terrorist event and the Somali pirates off East Africa, and the well publicized operational supply chain challenges affecting the Airbus A380 and Boeing 787 projects. These challenges will continue to impact companies in this sector and executives need to consider these and other challenges being ushered into the new decade.

Some key challenges faced by the sector include:

• Resilience of supply chain to pandemics, climate and other external factors
• Regulatory and Compliance pressures especially as regards security, custom and excise and environment
• Reputational risks especially in light of catastrophic events
• Cost containment (maintenance) and balancing volatility in oil price
• Going Green!
• Economic volatility, especially its effect on inventory and pricing
• Security (especially with respect to Terrorism)

It is in this environement that telco executives need to not only manage their organizations effectively but to do so transparently too.  Risk and Compliance functions in telcos will require new and improved solutions to meet their objectives:

• Meet regulatory requirements within cost and time constraints
• Obtain a single integrated view of risk and compliance across the organization
• Accurate modeling and management of suppliers, contracts, commodities, incidents and events
• Management of financial and operational controls
• Consolidated audit management of diverse business areas

In order to meet these challenges, Cura's Enterprise GRC Platform has been developed to assist companies globally achieve competitive advantage and better managed businesses.  Cura's proven success in the sector is evident from its long list of customers that include Virgin Blue Airlines, Transnet, Spoornet, Australian Air Express, V/Line, Reliance Rail, Transurban and Airports Company of South Africa.

Cura's solutions will assist in:

• Risk Management - Easy to use risk management information system that deals with identification, analysis, ongoing management and treatment of all enterprise and operational risks.  

• Whistleblowing and Case Management - Capture of whistleblowing and complaints recording, case management features of Cura will assist in the achievement of a better governed organization through well documented investigations and audits.

• Centralized Information Store - Full content and document management so that policy, process, risks and controls can be displayed in configured views based on the role of the user and in the context that the user needs to make effective decisions.

• Advanced Reporting - covering reports and dashboards that range from local stakeholder related data right through to advanced aggregation, audit committee, risk committee and ultimately board reporting needs.

• HS&E - Health, Safety and Environment are key aspects that are driven by regulatory pressures. Using Cura features that enable easy capture, recording, investigation and audits of the HS&E issues that arise, the organization will benefit from the lessons learned and reduce overall risk and cost.

• Audit management - Using Cura's Audit Module, the diverse aspects of all audit needs are catered for.  Whether it is revenue related, process, health & safety or IT related, Cura Audit's ability to deal with disparate audit requirements and consolidate results brings efficiencies in time and cost.

Related Information: 

• Data Sheets
• Case Studies
• White Papers

To find out more about Cura's capabilities in this sector, please contact us .