The automotive industry faces financial distress, with rising consumer auto loan defaults, supplier bankruptcies, and widespread high-risk conditions. Recent PAYCE® Score data from SupplyChainMonitor™ revealed four private company bankruptcies and identified over 600 U.S. automotive firms in High Risk status. Sourcing professionals can map suppliers, monitor financial health, and receive early alerts on critical disruptions - such as the Novelis plant fire and financial strain at HP Pelzer and Superior Industries.
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Supplier financial risk is the source of many recurring, prolonged, and unanticipated supply chain issues that can otherwise be prevented or mitigated - if you're willing to ask a few pertinent questions.
While risk analysis professionals may be tempted to use the statistical FRISK® score as a component within a different model, such as one that is rules-based, doing so may generate suboptimal results.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how bond agency ratings play a role.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. The first of a five-part look at these inputs, here’s how the stock market plays a role.
What if you knew that our company saves clients an incredible amount of time and money with more accurate – and thereby useful – private company risk solutions compared to Dun & Bradstreet?
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how credit manager crowdsourcing play a role.
With inflation at a 40-year high and interest rate hikes beginning to be implemented, more and more overleveraged companies with sinking FRISK® scores are in greater danger of bankruptcy in 2022.
The FRISK® score is a game-changing tool that combines several key inputs to assess bankruptcy risk. Here’s how financial ratios play a role.