Study Supply Chain Risk

Managing supply chain risk is an escalating concern among executives who say they do not have the proper tools for the job, a study by IBM Corp. reveals.
IBM's study, "The Smarter Supply Chain of the Future," surveyed around 400 supply chain executives in 25 countries. It found that 38% of the respondents manage risk and supply chain performance to some degree. The executives cited the lack of standardized processes, insufficient data and inadequate technologies as stumbling blocks preventing effective supply chain risk management. "As important as cheaper, faster, better is, this year, we are beginning to hear a new verse—a clear message about the overwhelming need for greater visibility and flexibility to manage risk," said Sanjeev Nagrath, global leader, supply chain risk management for Armonk, New York-based IBM's global business services unit, in a statement. Sixty percent of the respondents said supply chain risk is an escalating concern. The study is available at .