About 50% of respondents with supply chain risk management in place were able to mitigate the impact of the top risks. In doing so, 68% of companies were able to bypass blocked supply routes, thereby maintaining their procurement or distribution flows and minimizing the impact. The negative effects of delivery delays were reduced by as many as 80% of companies.
94% of companies have established a process for supply chain risk management, but fewer than one in five include the entire supply chain in the process. Low system-side support (51% without a system) ensures that the benefits of a supply chain risk management process are not fully realized.
Three-quarters of respondents want to continue investing in supply chain risk management in the future. The focus is on optimizing the process as a whole.
In strengthening resilience, companies are focusing on redundancies in inventory or procurement (dual/multi-sourcing) in the short term - structural changes in the supply chain are planned for the long term, such as nearshoring.
If the past few years have taught one thing, it is that supply chain risk management is essential for companies to navigate safely through difficult times and secure competitive advantages in the long term,”
sums up Daniel Simon, Senior Consultant, Miebach Consulting.
The complete results of the report can be requested free of charge by e-mail to Ralf Hoffmann (firstname.lastname@example.org).