Our new whitepaper covering the current ‘State of Supply Chain Resilience’ is now available 💡. 

Based on a quantitative survey of 115 Procurement executives (e.g., CPOs, (S)VPs, Directors) and a total of 100 complete responses, we derive the following key insights about the current state of supply chain resilience:

👉🏻 Resilience moves up the ladder: 85% of companies indicate that resilience has become a top priority and led to a de-prioritization of other value drivers.

👉🏻 Focus on supply continuity: 68% of companies face increasing resource limitations (e.g., suppliers, raw materials). In addition, a large proportion of suppliers is classified as critical (32% of total spend on tier-1 suppliers).

👉🏻 Survival mode in a BANI (brittle, anxious, non-linear, incomprehensible) world: Going forward, 59% of companies see financial stability and securing liquidity as a long-term priority in an inflationary environment.

The figures – that confirm our pre-defined hypotheses – paint an evocative portrait of a Procurement function in a stranglehold between short-term (e.g. building inventory to ensure supply continuity) and long-term perspectives (e.g. nearshoring to boost sustainability). This is happening although legislation (e.g. the German Supply Chain Act) mandates a long-term perspective (e.g. alignment with the 1.5 C target). In this field of tension between necessary short-term and long-term perspectives, Procurement has the opportunity to take responsibility and navigate the strategic course.🏋️‍♀️

More details about resilience vulnerabilities and capabilities across industries in our #Whitepaper 📣. It is certainly worth a read! 📖

🤝  The Procurement Initiative, Institut für Supply Chain Management, Universität St.Gallen, H&Z Management Consulting

@Martina Buchhauser, @Nicolai-André Stickler, @Laurin Zemmrich, @Erik Hofmann , @Harald Enz, @Stefan Aichbauer

#Procurement #Resilience #Whitepaper

Download Whitepaper