Bank of America Merrill Lynch has announced a supply chain risk mitigation software module on an electronic platform. This is in keeping with the way things are going. Supply chain risk is the big topic of Q4 it seems, and likely a hot pain point in 2013. Even USA Today is telling the story, exposing the international and vigorously complex pharma supply chain.

Supply chain financial compliance tool. The new online supply chain finance module is available on Trade Pro. It’s called Trade Pro Supply Chain Finance. It offers buyers and suppliers around the world what BOA is calling “a powerful, collaborative tool and leading-edge technology to manage risk while freeing up working capital, streamlining business processes and reducing the costs associated with supply chain management.”

In other words, you log in and share information is a sort of material disclosure portal, or knowledge share central software platform.

BOA says the module is available in nine languages. The idea — a good one — is that the online software offers robust online reporting, allowing suppliers to create dynamic reports on a scheduled or ad hoc basis.

The expectation is that subsequent versions of this module will incorporate meatier collaboration and automation functionality. We’ll keep our eye out for any user notes we find.

The expectation is that subsequent versions of this module will incorporate meatier collaboration and automation functionality. We’ll keep our eye out for any user notes we find.