Sayari has introduced a solution called Sayari Map. This offering provides clearer views into complex global supply chains, easing the burden of mapping and risk screening for potential risks.

Sayari Map gives sourcing, procurement, and trade compliance teams the ability to map and screen potential risks from direct and upstream suppliers. It incorporates real trade data and AI-enabled product blueprints to pinpoint relevant risks. The platform aids in automating the process of supplier mapping and risk identification to make it more efficient.

According to Sayari, key advantages offered by Sayari Map include risk assessments based on reliable, real-world data, streamlining the discovery of supplier risks, and rapid deployment for prompt risk mitigation. Furthermore, the solution allows users to cut through unnecessary information, focusing solely on pertinent supply chain risks. 

Sayari is a venture-backed counterparty and supply chain risk intelligence provider. The company specializes in surfacing hidden risks in global commerce by offering visibility into the connections between corporate entities, their shareholders, subsidiaries, customers, suppliers, and other related parties. It does so by leveraging a comprehensive database harvested from over 250 jurisdictions worldwide.

Analyst QuickTake: The demand for tech-enabled solutions to simplify third-party risk assessment processes is on the rise. In response, supply chain tech startups are actively upgrading their product offerings to cater to this demand. Earlier this month, Resilinc partnered with o9 solutions to bolster multi-tier supply chain risk management by integrating their capabilities, and Black Kite introduced a Supply Chain & Nth Party Monitoring Module to its suite of solutions.