Achilles Expands Supply Chain Risk And Sustainability Capabilities With GRMS Acquisition And New Analytics Tool

Achilles Expands Supply Chain Risk And Sustainability Capabilities With GRMS Acquisition And New Analytics Tool

On January 7, 2025, Achilles, a provider of supply chain sustainability software, acquired the assets of Global Risk Management Solutions (GRMS), a US-based provider of supplier risk management programmes. This move expands Achilles’s global reach and bolsters its supply chain risk management capabilities. The integration will help firms mitigate supply chain vulnerabilities tied to metrics related to financial stability, ESG and compliance, geopolitical threats and cyber security. The acquisition strengthens Achilles’s presence in North America, increasing its combined database to over 200,000 suppliers and 675 buyers worldwide.

Just one month after the acquisition – on February 10, 2025 – Achilles introduced Achilles Analytics, an intelligence tool designed to help businesses navigate an increasingly complex regulatory landscape, in an environment characterized by political instability, climate disasters and social unrest. The solution provides businesses with real-time alerts, supply chain transparency and data-driven insights into ESG performance. Key features are dashboards for carbon tracking – enabling firms to pinpoint emission hotspots and drive decarbonization plans – and health and safety metrics to highlight high-incident suppliers and potential legislative exposures.

These expansions come at a time when the market for supply chain sustainability software is poised for significant growth. According to Verdantix research, the market reached $1.7 billion in 2023 and is on track to grow to $7.7 billion by 2029, at a CAGR of 29%. Notably, demand for supply chain sustainability risk management solutions is forecast to surge from $559 million in 2023 to $2.8 billion in 2029. Factors such as external disruptions, global conflicts and extreme weather events are driving increased investment in tools that provide real-time visibility beyond Tier 1 suppliers and support ESG objectives with greater traceability.

The rationale for investing in supply chain sustainability software is clear: by providing integrated tools for risk assessment, ESG performance measurement and compliance reporting, these platforms help organizations navigate volatile markets, safeguard reputations and build more resilient operations. In the recent Verdantix supply chain sustainability survey, ‘responding to disruptions’ was selected as the most significant investment driver. As the market continues to evolve, firms that adopt these technologies now will be better positioned to thrive in a landscape characterized by increasing complexity and heightened stakeholder expectations.

To learn more about the supply chain sustainability market, read our additional reports:

Green Quadrant: Supply Chain Sustainability Software 2024

Strategic Focus: Buyer Insights From The Supply Chain Sustainability Software Green Quadrant

Tech Roadmap: Circular Economy And Supply Chain Sustainability Technologies (2024)

Market Overview: Supply Chain Sustainability

Smart Innovators: Sustainable Product And Materials Traceability Software