Why Supply Chain Resilience Matters
Supply chain risk and disruptions continue to impact nearly every corner of commerce and remain firmly on the minds of global business leaders. Supply chain vulnerabilities were exposed during the COVID-19 pandemic, first by a considerable drop in demand followed by a sharp recovery swing that caught a fragile system unprepared. Risks continue to increase vulnerabilities, causing leaders to make critical changes to mitigate supply issues that have hampered revenues.
Whether due to natural disasters and the increased impacts of climate change, heightened geopolitical issues and conflicts zones, or digital-enabled systems providing additional entry points for cyber attacks or even the lack of talent workers, supply chain risks are on the minds of executives across the globe.
Supply chain risk is complex, multi-faceted and costly with disruptions having a significant impact on company business and financial performance. Improved insights around where and how risk impacts the supply chain can help business leaders be better informed, and better advised to make better decisions that prepare them for unplanned events and volatile supplier performance.
Insights to Make Supply Chain Decisions
Explore our insights across a range of topics that help organizations make better supply chain decisions
Leaders are acutely feeling the impact of supply chain disruption to their businesses with 97% claiming it has a somewhat to extremely negative influence in Aon's latest Executive Risk Survey.
Source:
Making Better Decisions in Uncertain Times: Aon’s 2022 Executive Risk Survey
The upheaval from Covid-19, climate change, and geopolitical strife has caused supply chain or distribution failure to surge to a top 10 risk for the first time since 2009.
Source:
Global Risk Management Survey
The just-in-time global supply chain that is all about cost and efficiency must now respond to ongoing and emerging risks. A strong, resilient and adaptable supply chain is an imperative for business survival and growth.
Source:
Global Risk Management Survey
