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Red Flag Solutions
Red Flag, our early warning decision support system (EWDSC), is an innovative solution to help DOD customers secure and improve defense industrial base supply and service chain integrity. Red Flag helps our customers in answering the question, “will a specific company be able to deliver mission critical industrial supply now and in the future?”
Many organizations struggle to make proactive – rather than reactive – decisions to reduce supply chain risks. They gather data and try to monitor the activities and performance of other companies to improve visibility of changes and risks so they can make the right choices before something goes wrong.
They need detailed and specific information to:
- Proactively manage risk
- Forecast another organization’s future decisions or activities
- Avoid disruption of critical supply or service chain elements
To support the Defense Contract Management Agency (DCMA) Industrial Analysis Center (IAC)’s mission needs, Red Flag EWDSS does:
- Electronically collect sustainable, valid business and economic data on defense
industrial base (DIB) companies and assess them on a regular, recurring basis
- Identify and forecast risk for specific critical defense industrial base government
and private contractor sites across the Department of Defense
- Enhance early warning notification of possible failure at critical defense industrial base assets
- Provide timely management information to key senior stakeholders within the
Department of Defense, other Federal Agencies, Congress, and the Executive
Department
- Support development of actionable risk mitigation strategies
- Monitor / track recommendations to ensure continuous system improvement
Specifically, Red Flag EWDSS can predict increased risk that companies will:
- Be unable to meet current or future contract requirements
- Discontinue production of an item
- Relocate plant facilities or production lines
- Experience financial stress
- Seek to be acquired or to acquire other companies
- Experience increased risk of fire or industrial accident
As shown below on the figure, if a “red flag” is raised by the system, industrial risk analysts and subject matter experts can further:
- Evaluate the situation
- Prioritize risks
- Develop proposed risk mitigation strategies including What-If analyses
- Report to you regularly on forecasted risks and potential outcomes
Our Red Flag brings industrial level results that:
- Increase visibility of potential risks
- Influence to formulate best-of-breed risk mitigation strategies
- Increase ability to proactively influence outcomes related to risks
- Increase ability to reduce risks for your organization
Red Flag Solutions Brochure PDF, 1807K
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