Risk Assessment

All regular members have free access to the unique Risk Assessment Sandbox (patent pending). The Sandbox makes it extremely easy to provide a graphic representation of your entire supply chain. The risk assessment results can be used in a variety of ways, including: 

• Meeting basic compliance requirements
• Providing a risk assessment of your services to your customers
• Providing a supplemental risk assessment to customs for established supply chains or links

Note: This service is not available to Registered companies

How It Works

All regular members can perform a risk assessment on an entire supply chain, the origin or destination agents, or their own specific services and business partners.

• Links are added to the Sandbox based on function in the supply chain.
• Links can be added, removed and moved around in the Sandbox as required using our drag and drop feature.
• Each time a link is added our algorithm is executed to calculate the cumulative risk at that particular function.
• The Sandbox factors in the mitigating effect of the BASC Index.
• A real-time Cargo Security Index (CSI) is calculated.
• Members can easily identify and review high risk elements in their supply chain.
• Members can choose the option to make any supply chain score visible to local customs through our Customs Direct Connect feature.

Benefits

For Customs Officials

• Provides an additional tool for conducting risk assessments on current shipments.
• Provides Customs with a standardized index system for consistent scoring.
• Able to access risk assessment records via secure access and unique code.
• Access directory to view individual security profiles of parties involved.
• Include security profiles of additional local partners not included in the original security filing.
• Enables Customs to easily see unknown providers and other areas of potential risk in a supply chain and evaluate the “smoothing” effect of the BASC Index.