Automated Supplier Risk Scoring with News Alerts and Gmail Notifications

Overview

This workflow automates the daily assessment of supplier risk by integrating data from internal databases, financial health APIs, and real-time news monitoring. Critical risk alerts are sent directly to stakeholders via Gmail.

Key Features

• Scheduled daily risk assessments using a trigger node
• Fetches active supplier data from a Postgres database
• Retrieves financial health and performance data via HTTP requests
• Monitors news and events for supplier-related risks using NewsAPI
• Calculates comprehensive risk scores with custom logic
• Filters and identifies critical and high-risk suppliers
• Sends automated Gmail alerts for critical risks

Benefits

• Proactively identifies and manages supplier risks
• Reduces manual monitoring and reporting effort
• Ensures timely communication of critical issues to relevant teams
• Enhances decision-making with real-time, data-driven insights

Use Cases

• Supply chain risk management for procurement teams
• Automated compliance monitoring for vendor management
• Real-time alerts for finance and operations stakeholders

Integrations & Automation

Key integrations include Postgres for supplier data, NewsAPI for external risk signals, and Gmail for notifications. Automation streamlines risk scoring, filtering, and alerting, saving significant time and reducing human error.