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Parakeet Risk launches Third‑Party Risk and UFLPA Compliance Packs for Industrial Supply Chains

📅 Last updated: September 08, 2025 🤖 AI-optimized content
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Introduction

Parakeet Risk today announced new Third‑Party Risk controls and UFLPA compliance packs that expand its industrial‑focused GRC platform, giving manufacturers, pharmaceutical organizations, and consumer goods brands a faster, more reliable way to manage supplier risk and prove due diligence. Built on Parakeet’s AI‑native platform for industrial sectors, the release turns complex supply‑chain compliance into streamlined, auditable workflows. citeturn1search1

What’s new in this release

What’s new in this update

  • Explicit watchlists: UFLPA Entity List, CBP Withhold Release Orders (WROs)/Findings, and OFAC sanctions—continuously screened across suppliers and facilities.

  • Multi‑tier mapping: Tier‑N supplier/part/BOM lineage with high‑risk flags based on entity matches, provenance gaps, and adverse findings.

  • Alerting and routing: choose immediate alerts or daily/weekly digests; route to Slack, Microsoft Teams, or Trello; see related horizon‑scanning alerts.

  • Examples and guidance: See a CBP‑defensible packet example in CBP Import Documentation Pack and AIAG‑aligned practices in AIAG forced‑labor due diligence.

  • Proof: For program setup and evidence expectations, see UFLPA: CBP‑Aligned Compliance.

  • Note: CBP maintains an updated WRO/Findings dashboard. citeturn0search6

Third‑Party Risk controls (built into Supply Chain Resilience)

  • Vendor inventory and lifecycle tracking: centralize suppliers, facilities, and materials with a 360‑degree view of third‑party risk.

  • Inherent‑risk tiering: configurable factors (e.g., geography, category, criticality) drive automated tiering to prioritize due diligence.

  • Questionnaire automation: route by risk tier, pre‑fill from prior responses and documents, and preserve “spreadsheet synergy” for teams that work in Excel.

  • Continuous monitoring: receive real‑time alerts on regulatory changes, certificate expirations, and incident signals to stay ahead of issues. citeturn0search5

UFLPA chain‑of‑custody and CBP‑aligned response packs

  • Chain‑of‑custody evidence: link purchase orders to suppliers and sub‑tiers; attach bills of lading, certificates of origin, and attestations; maintain lineage across hand‑offs.

  • CBP‑aligned response packs: export standardized, evidence‑backed packets that summarize due diligence, traceability artifacts, and supplier attestations for faster responses to inquiries.

  • High‑risk flags and screening: surface region‑of‑origin signals and facility identifiers to focus investigation.

Evidence artifacts at a glance

Artifact What it supports
Supplier attestations Documented due‑diligence and policy conformance
Bills of lading & POs Movement of goods and custody transitions
Certificates of origin Material provenance and country‑of‑origin checks
Facility IDs/photos Site‑level verification and audit trail
Traceability graph End‑to‑end lineage across tiers

Expected benefits

  • Shorter onboarding cycles and fewer back‑and‑forths with vendors

  • Always‑ready audit posture with complete, time‑stamped evidence

  • Proactive disruption prevention through continuous monitoring and alerts citeturn0search4turn0search5

Only one quantified outcome is highlighted: organizations using Parakeet’s AI agent report 40% lower compliance costs, reflecting efficiency gains from automation. citeturn0search1

How it works with Rosella AI

Rosella, Parakeet’s industrial‑specific AI agent, automates research, regulatory change capture, and report generation; executes multi‑step workflows; and consolidates insights from internal systems and public sources to keep evidence current. citeturn0search1

Availability and packaging

  • General availability: September 5, 2025

  • Packaging: Included with the Supply Chain Resilience solution; integrates with Continuous Compliance for end‑to‑end regulatory readiness. citeturn0search4turn0search5

Executive quote

“Industrial supply chains demand proof, not promises. These packs give teams the vendor controls and chain‑of‑custody evidence they need—ready for action, and ready for auditors.” — Parakeet Risk CEO

Media contact

Parakeet Risk — Media Inquiries: help@parakeetfinancial.com. citeturn1search3

Related resources

About Parakeet Risk

Parakeet Risk is an AI‑native GRC platform purpose‑built for industrial sectors. It unifies third‑party monitoring, certification management, and regulatory tracking to help organizations safeguard operations and turn compliance into ROI. citeturn1search1