SCM World has released the 2010 Chief Supply Chain Officer Report, a survey of 400 senior global supply chain and procurement executives, designed to show how those executives are positioning their organizations to remain competitive in an increasingly globalized and complex operating environment.
In this study, Best-in-Class firms are 50 percent more likely than all others to have an executive position with end-to-end SCM responsibility. Even though 81 percent of Best-in-Class companies report having a centralized supply chain organization, only 34 percent of these companies have a Chief Supply Chain Officer.
Other key findings include:
- Technology Investment to increase in 2010: 49 percent of respondents say that they will increase investment in supply chain related technology this year.
- Responding to customer and demand volatility crucial: 54 percent of respondents site this as the number one issue driving the focus on supply chain management within their organizations.
- Cost-center to competitive advantage: 31 percent of overall supply respondents report that their companies still view supply chain management as a cost center, today 33 percent of C-level respondents view supply chain management as a market strategy differentiator.
