Supply chain risk software specialist Exiger has acquired Supply Dynamics, a supply collaboration platform. Integration of Supply Dynamics software with Exiger’s will create end-to-end visibility and risk assessment across the whole supply chain.

Supply Dynamics’ SDX, PAC, and ExplorerRX products are a collaboration platform for tracking and managing purchase and supply of subcontracted products, parts, raw materials and ingredients. Their integration to Exiger’s Insight3PM, DDIQ, and Supply Chain Explorer will bring all together on a single a single, secure, cloud-based enterprise platform. Exiger says that combining both companies and their software platforms will place the new company at the forefront of SaaS supply chain management platforms.

According to Exiger, Supply Dynamics has expanded rapidly in the last two years during the Covid-19 crisis. The need to track items across complex and extended systems, and address critical supply chain vulnerabilities, has led Fortune 500 manufacturers and the US Federal Government to turn to Supply Dynamics. Serving heavily regulated, global manufacturing companies with complex direct material supply chains who depend heavily on outsourcing, Supply Dynamics specialises in real-time visibility with part and raw material-level granularity.

Exiger’s risk scoring, when combined with Supply Dynamics’ item-level supply chain visibility and propriety data analysis, offers a simplified system that promises to disrupt both the supply chain and third-party software markets. The combined solution increases business resilience by eliminating the need for manual, time-intensive processes. Supported by AI-driven tools, Supply Dynamics’ targeted multi-tier data can now be automatically enriched with Exiger’s risk insights to help supply chain, sourcing, procurement, and compliance managers make critical decisions fast.

“The impact of supply chain risk and disruption is ubiquitous across private industries, the U.S. Federal Government, and global public sector organisations,” said Exiger CEO Brandon Daniels. “Exiger’s acquisition of Supply Dynamics and its SDX product is an investment into the kind of future-proof solutions that the rapidly growing supply chain management market will continue to demand. The integration of SDX into Exiger’s industry leading SCRM platform will now allow customers to have a true competitive advantage, by not only pulling the full digital thread across their global supply chain, but by also analysing that entire risk impact in one fell swoop. This will enable macroeconomic, microeconomic, reputational, and geopolitical risk assessment with ease, simplicity, and confidence like never before possible.”   

“I’ve seen the supply chain crisis from the driver’s seat; supply chain resilience is table stakes for long-term business profitability and regulatory compliance, and yet, until now, no single provider has successfully delivered the digitalisation and efficiency necessary for the public and private sectors to holistically assess and manage supplier and supply chain risk,” said Trevor Stansbury, Supply Dynamics Founder and CEO. “The combination of Exiger and Supply Dynamics is a force multiplier, not only because we believe they are the preeminent player in this market, but because we are equally committed to investing in the capabilities necessary to set a new industry standard that allows for informed, high-level decision-making within a matter of minutes.”

Exiger has already begun bringing this capability to the public sector, having introduced Supply Dynamics’ SDX, PAC, and ExplorerRX into its $74.5 million U.S. General Services Administration contract. Exiger’s acquisition of Supply Dynamics will allow Exiger to extend the same capabilities to the corporate market.