Few executives believe their supply chains can respond quickly to disruptions, notes Kinaxis report

When a Dun & Bradstreet report came out in March suggesting that most supply chains are underprepared for big disruptions, there may have been a collective yawn amid a “it won’t happen to us” discussion. But now a report from supply chain management platform Kinaxis is adding more disruption to the fire.

According to the research, less than one-fifth (17%) of global supply chain leaders say their companies can respond to disruptions within 24 hours. Even more distressing is that 67% said they are “not very satisfied” with their firm’s response time.

“It’s more common than ever on quarterly earnings calls to hear that supply chains make or break success and this data proves that there is a tremendous opportunity across all sectors to improve resilience and risk mitigation,” said John Sicard, president and CEO at Kinaxis. “Cutting-edge, AI-enhanced, end-to-end orchestration tools that enable companies to gain transparency, agility and improved collaboration can help address these compounding trends and make chief supply chain officers the heroes instead of the scapegoats the next time trouble appears on the horizon.”

Kinaxis surveyed 1,800 supply chain decision-makers around the world to compile the report, which was produced by IDC.

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