"In December 2015, GT Nexus and YouGov surveyed 250 senior US manufacturing executives to gauge their outlooks on supply chain in 2016. We set out to learn their top concerns, challenges, goals and opportunities. We have now published State of the Global Supply Chain, and one message is clear from the study results: risk and uncertainty loom as a daunting concern, but leadership and innovation are missing."
That's the pressing issue Kurt Cavano, chief strategy officer at GT Nexus, an Infor company, writes about in a March 16 article on diginomica.com headlined "Lack of tech savvy and leadership ramps up supply chain risk."
He provides this snapshot of the survey findings:
- 40% of manufacturers have been impacted by a supply chain disruption in the last 12 months
- 27% said keeping up with customer demands is their No. 1 supply chain challenge
- 12% said their primary challenge is dealing with the high level of risk in global markets
- 11% said having a globally dispersed network of partners is their top challenge
Read the complete article on diginomica for more survey findings and Cavano's analysis of how lack of leadership and tech deficiency are raising risk.