DHL risk management platform attracts US investor

BONN: November 12, 2018. Columbia Capital, a Washington, DC-based venture capital group, is to invest US$21 million in DHL’s cloud-based supply chain risk management solution Resilience 360.

According to DHL the platform alerts shippers about risks to their global supply chain in “almost” real time. As a result, businesses can visualize their supply chains end-to-end, use machine learning capabilities to detect early warnings of incidents that can disrupt their supply chain, and allow customers to preemptively respond and minimize business interruption.

“Resilience360 is a key part of DHL’s value proposition. By bringing in Columbia Capital, we have the opportunity to significantly enhance its capabilities, particularly in data analytics and accelerate the growth of the platform and provide an even better service offering to our customers,” said Katja Busch, DHL’s Chief Commercial Officer.

“Supply chain risk management is more important than ever to our customers and aiding global supply chains to be more resilient is a critical part of our business. The investment reflects our commitment to helping the industry manage risks beyond the DHL…