Supply Risk Increasing While the Market Stands Still
From January through March 2007, Aberdeen benchmarked the supply risk measurement and management strategies of over 210 companies. Although 62% of enterprises indicate they expect supply risk to increase in the next 3 years, only 49% of organizations have implemented a supplier performance measurement and risk management program.
As globalization of supply markets continues, it is critical that programs and tools are better aligned to address the continuous ramp-up of exposure to risk instead of relying on practices, tools, and measurements whose incremental value are decreasing.
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