Almost three quarters of UK businesses have been exposed to supply chain risk in the last 12 months
Exposure to risk typically results from a lack of visibility, and a lack of planning for certain scenarios. According to the findings from this study, the level of planning varies for certain types of risk. However UK businesses remain largely unprepared for a lot of those risks, while having a high dependency on their suppliers.
85% say
procurement and supplier management is less digitally mature than other departments, such as marketing, human resources or accounting.
procurement and supplier management is less digitally mature than other departments, such as marketing, human resources or accounting.
92%
of organisations are highly dependent on suppliers, but face challenges assessing compliance.
of organisations are highly dependent on suppliers, but face challenges assessing compliance.
Read the full report to:
- View statistics on the most common threats businesses need to mitigate
- See how the lack of visibility has a direct impact on business operations
- Think about your own contingency plans for each type of risk