ImpactFactor recently completed a study on supply-chain risk, surveying managers of more than 100 companies. The results were not encouraging. According to managing director Bill McBeath, many companies don't consider proactive risk-management to be a strategic tool. He was "shocked" at how level their level of investment in that area was, with half reporting expenditures of $50,000 or less to audit and assess suppliers. "Not a single one spent more than $3m," he says. "Given the huge potential impact [of risk] on their shares, we believe companies are seriously under-investing."