Virginia consultancy LMI is exploring how artificial intelligence (AI) and machine learning (ML) can improve supply chain security in a pilot programme for the Defense Logistics Agency (DLA).

Working with New York-based Exiger, LMI will test innovative approaches to improve operations throughout all DLA supply chain security focus areas. The programme will assess and manage supply chains using technology.

Exiger is a specialist in AI-powered supply chain risk management. With Due Diligence IQ (DDIQ), Exiger’s proprietary AI and ML platform, the DLA will look to improving supply chain security and procurement processes. DDIQ rapidly uncovers, assesses and mitigates supply chain risk exposure at the speed of relevancy.

As an AI and ML risk identification platform, DDIQ supplies analysis and insights for critical supply chains and the underlying third-party risk associated with them. Driving transformational change in the vetting of entities, DDIQ has performed due diligence on tens of millions of entities across the world’s largest financial institutions, corporations and government agencies, including over 90 companies in the Fortune 250.

LMI, with 60 years of deep domain expertise in complete logistics support, including acquisition services, operations, supply chain and lifecycle management, sustainment, and risk management and mitigation, has a record of supporting the DLA and supply chain risk efforts across the US Department of Defense. After DDIQ and subject matter experts assess the risks and impacts, LMI will employ predictive models to ascertain specific supplier challenges and proactive risk management processes.

“This work will help DLA rapidly capture supply chain risk data and turn them into actionable intelligence,” said Pat Tamburrino Junior, vice president of LMI’s logistics practice. “LMI and Exiger’s experience will further secure DLA’s supply chain and provide DLA with the ability to pivot in real time. The LMI and Exiger team looks forward to leveraging our combined capabilities to supercharge supply chain resilience programmes across the broader federal government marketplace.”

Carrie Wibben, senior vice president at Exiger, added: “Exiger and LMI are leading the way for next-generation supply chain risk management. Our collaboration will ensure that DLA benefits from our joint expertise in global supply chain security and resiliency.”

LMI is a consultancy dedicated to powering a future-ready, high-performing government, drawing from expertise in digital and analytics, logistics, and management advisory services. It was founded in 1961 to help the US Department of Defense resolve complex logistics management problems.

Exiger is an authority on financial crime and fraud, changing the way banks, corporations and governments manage risk through its combination of practical expertise, technology and processes.