How to Automate Supply Chain Risk Reports: A Guide for Developers
Do you use Python? If so, this guide will help you automate supply chain risk reports using AI Chat GPT and our News API.
It’s a global market. Frequently, what happens in a remote corner of the world – even one in which you have no dealings – can directly affect your customers in unexpected ways. This is why more and more product managers and data scientists are integrating feeds of structured web data from different countries and in different languages into their automated solutions – because insights aren’t limited by borders.
In this post, we’ll take a look at how a news API can help generate international, contextual insights at scale by using multilingual news data from multiple sources around the world.
If your customer’s US-based factory produces widgets used in coffee processing machines primarily sold in South America – you may not be closely monitoring current events in the Hindi-language press in India. Yet if a local labor dispute is unfolding in the Indian province that produces 90% of the world’s supply of key raw material for coffee processing – it has the potential to dramatically affect your customer’s customers, and thus your customer, too.
This type of supply chain issue happens every day – often with dramatic effects on business. That’s why closely monitoring news in all languages and geographies can be critical to distilling insights on a scale suitable for players on the global stage.
An advanced news API provides crucial information that can impact your business by enabling more effective:
A powerful news API with global coverage can be a game-changer for any customer regardless of their home geography, offering:
What’s more, monitoring companies need to keep a close watch for all information relevant to the brands they monitor – regardless of region or language. To find meaningful mentions in a regional market, the local language (frequently multiple languages) is the only solution. For example, to effectively monitor South America, you’ve got to monitor both Spanish and Portuguese. It’s the same across Europe and Asia. An advanced news API, like Webz.io’s, allows you to not only monitor multilingually but also search by language and country.
Coverage is what ensures that a monitoring service can deliver maximum depth of insights across borders and across continents. There is no choice but to constantly scan multiple news sources in multiple countries and in multiple languages – as well as major global sites alongside smaller local niche sites. A news API is the most efficient and effective way to achieve results at this scale cost-effectively.
To get started on your news API journey, take a look at Webz.io’s free News API web data offering. Available in machine-readable JSON formats from across the globe, this free resource offers you access to structured news data from over 75 million websites in all languages.
Ready to get started with a fully-featured multilingual news API? Talk to one of our experts today!
Do you use Python? If so, this guide will help you automate supply chain risk reports using AI Chat GPT and our News API.
Use this guide to learn how to easily automate supply chain risk reports with Chat GPT and news data.
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