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EDITOR'S NOTE: This is Episode 3 of our Supply Chains in Crisis series with Gartner Inc. Catch up on Episode 2 and Episode 1.
Supply chains have been experiencing an increasing number of disruptions in the past 3 years, with many being both unfamiliar and unpredicted. All have operational implications. Coupled with this there is increased scrutiny from organizational leaders and wider stakeholders on the effectiveness of supply chain risk management. This has led to a drive for increased resiliency.
Recent Gartner research shows that being more proactive and better prepared for disruptions is a key area of focus as the risk environment is continually evolving. Many are now seeking support and investment for resiliency activities. But to do this effectively, supply chain leaders must position risk management as a business enabler. They need to develop and build on risk capability, define risk strategy and to identify, prioritize, mitigate, and monitor supply chain risks on a proactive basis. Only by doing this, can organizations be prepared for risk.
Heather Wheatley, Senior Director, Analyst, Gartner
Russell Goodman, Senior Editor Emeritus, SupplyChainBrain
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