SUPPLY CHAIN RISK

A bit simplistic and vague, but still interesting.

From Accenture--

 

Understanding the Future of Operations
Accenture Global Operations Megatrends Research

Click on the interactive circles below to navigate
through each section of the research

Supply Chain Risk Management

Research overview

Emerging Markets

Big Data Analytics

Introduction

The Global Operations Megatrends research explores three topics that were identified as priority concerns among global supply chain leaders: supply chain risk management, big data analytics and emerging-market growth. The study reveals the practices that leaders are using to generate better than average results from their investments in these areas, and will help executives reposition their organizations to respond to market volatility and improve business outcomes.

Highlights

Supply Chain Risk Management

• 61% of leaders* make risk management a strategic imperative.
• 43% of leaders have a central risk management function.
• 60% of leaders will boost their investment in risk management by 20% or more in the next two years.

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* Reported their supply chain risk management ROI exceeded 100 percent.

Big Data Analytics

• Leaders are 6 times more likely to report an increase in supply chain efficiency of 10 percent or greater.
• Leaders are 5 times more likely to report shortened order-to-delivery cycle times.
• Leaders are 5 times more likely to report an improvement in demand driven operations.

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About the Research

The research involved a web-based survey of 1,014 senior executives primarily at global companies headquartered across North America, Europe, and Asia. Fifty-six percent of respondents held C-level titles, including chief supply chain officer, chief procurement officer, chief sourcing officer, chief operations officer and chief operating officer. The remaining 44 percent were senior-level supply chain, procurement or operations executives.

Research
Overview

Don’t Play it Safe When it Comes to
Supply Chain Risk Management

The supply chain operation has become fundamental to the success of organizations. Managing supply chain risk is critical given its potentially far-reaching impact on a company’s business. But what should companies do to make their risk management initiatives most effective?
A small group of respondents indicated their risk management ROI exceeded 100 percent. Why did these companies get such outsized returns, compared with the rest of the companies in our survey? We found three key practices that distinguished these leading companies from the rest.

Leaders make supply chain risk management a priority

Sixty-one percent of leaders* consider risk management a strategic imperative for their supply chain organization. Leaders develop capabilities that enable them to gain greater visibility and predictability across their supply chains.

Leaders have greater centralization of responsibility for supply chain risk management

Forty-three percent of leaders have a central risk management function, led by a C-level or vice president-level executive. With a centralized risk management function, leaders plan and react to risks in a more coordinated and efficient manner.

Leaders invest aggressively in risk management capabilities with a specific focus on end-to-end supply chain visibility and analytics

Leaders are nearly three times as likely as other companies to plan to boost their investment in risk management by 20 percent or more in the next two years, while a majority of non-leaders are targeting an increase of less than 20 percent over their current investment.

* Reported their supply chain risk management ROI exceeded 100 percent.

Supply Chain Risk Management Video