DataScan unveiled RiskGauge, its newest advancement in inventory risk management aimed at enhancing visibility and precision in inventory monitoring and risk decision-making. RiskGauge consolidates multiple data sources to identify and prioritize genuine risk scenarios.
“Traditional inventory risk management relies on periodic physical audits, but the value of point-in-time data diminishes rapidly. RiskGauge revolutionizes this process with continuous and on-demand inventory risk management, utilizing data from disparate sources to provide lenders with up-to-date confidence in their risk position,” Brian Koprowski, CEO of DataScan, said. “This marks a significant transformation in how inventory risk is managed, moving away from solely depending on legacy, human-dependent methods to a true data-driven digital risk management process.”
