What did global supply chain leaders learn from 2022 and what challenges do they anticipate in 2023? What actions do they plan to take to better prepare for what lies ahead? How do your priorities stack up against your peers?
We all know about the supply chain disruptions of the past few years and most leading analysts agree challenges lie ahead.
But we wanted to offer supply chain leaders a quantitative read on supply chain realities:
This 2023 State of Supply Chains Report is a reference point for leaders who want to:
Here's a Sneak Preview
Of all supply chain leaders surveyed 50% experienced three or more significant supply chain events in 2022.
Why this matters: Disruption and uncertainty have become the new normal. This means companies need to ramp up their planning and preparation efforts to ensure business continuity when the next disruption occurs.
Supply chain design and securing critical parts 40% of US leaders say their top priority is implementing new supply chain designs.
Why this matters: Supply chains are not a monolith. 35% of European leaders said their top 2023 priority involves securing critical parts and other goods. Despite these regional differences, supply chain leaders are not taking business continuity for granted and they’re preparing to take action.
Where companies are putting their money 80% of leaders surveyed indicated their companies plan to invest in agility and resiliency.
Why this matters: Supply chain leaders must balance efficiency and resiliency. In order to better prepare for future disruptions and uncertainties, they plan to invest in their supply chains to keep them agile and responsive. Companies that are not making these investments are likely to encounter more troubles down the road.
Inside:
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Related Article: How Sourcing Can Respond in Dynamic Markets to Drive Supply Chain Value