Lux Research has launched a Resource Intelligence for System Knowledge (RISK) platform to help companies with complex supply chains mitigate unexpected risks and leverage opportunities that stem from their dependence on natural resources, from water to land to energy. According to Lux, resource scarcity, price volatility, and increased social and environmental pressure all threaten supply disruption and unplanned price spikes, but for most companies, the impact of resource dependence remains hard to evaluate.
Lux’s RISK platform integrates more than 200 data sources on subjects like land use, water needs and energy into a decision-support system to visualize value chains with geospatially accurate data.
Companies can use the platform to benchmark their global operations in terms of profitability, resilience and sustainability, determine where substitution strategies can be deployed and forecast where innovation can have the most impact.
