The Economist recently reported that supply chain disruptions are costing businesses, on average, 6-10% of their annual revenues and credited a lack of resilience as the primary issue. With 87% of organisations now planning to increase their investment in supply chain resilience and automation over the next two years [Gartner, 2021], it’s clear that senior executives are preparing for another turbulent 12 months.
Successful transformation at scale is proving difficult however, with only 4% of executives believing that their supply chain is adequately prepared for the next 12 months (Accenture, 2021). This gap between investment and results is leaving senior executives under increasing pressure.
Supply chain automation brings a priceless opportunity to those that get it right. As a senior supply-chain executive, how are you ensuring your organisation is set up for success?