BITE
What is BITE?
Bite Supply Chain Risk Management.Bite is an easy-to-use software designed to help companies monitor, identify, and mitigate risks in their supply chain to ensure trade compliance.By leveraging automated screening and AI-based risk scoring tools, Bite reduces screening and vetting costs for large companies while increasing computation efficiency.
Through deep-dive analysis and real-time insights from large trade data sets, it assists in identifying potential trade violations, illegal transshipments, and restricted party transactions.Bite also provides resources such as playbooks and training to help users map regulations and stay compliant across various industries like commodity trading and maritime shipping.
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KEY FEATURES
- ✔️ Automated screening.
- ✔️ AI-based risk scoring tools.
- ✔️ Deep-dive analysis of large trade data sets.
- ✔️ Identification of trade violations, illegal transshipments, and restricted party transactions.
- ✔️ Provide resources such as playbooks and training for regulatory compliance.
USE CASES
- Automate the screening process of suppliers and vendors in the supply chain using Bite's AI-based risk scoring tools, reducing manual effort and ensuring compliance with trade regulations.
- Utilize Bite's deep-dive analysis capabilities to identify and mitigate potential trade violations, illegal transshipments, and restricted party transactions in real-time, enhancing risk management in the supply chain.
- Access Bite's resources such as playbooks and training to map regulations and stay compliant across industries like commodity trading and maritime shipping, empowering users to proactively manage supply chain risks.
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