Perspective: Drivers and Benefits of Enhanced Supply Chain Risk and Resiliency

Perspective: Drivers and Benefits of Enhanced Supply Chain Risk and Resiliency

This IDC Manufacturing Insights Perspective looks briefly at the drivers of risk and resiliency efforts in the supply chain as well as the kinds of benefits that manufacturers expect from these efforts. Supply chains are facing massive change with both external and internal pressures to improve performance and lower cost. Part of improving performance is about being resilient to increasingly frequent supply chain disruptions (both big and small) by either anticipating events or responding rapidly when an event transpires. Indeed, risk assessment and resilient operations are at the center of the modern, agile supply chain and a key driver, IDC believes, of differentiating supply chain performance.This Perspective is a companion piece to a pair of IDC MaturityScape documents. In IDC MaturityScape: Supply Chain Risk and Resiliency (IDC #259369, October 2015), we addressed the definitions of risk and resiliency and the elements that would make up the various levels of maturity; in the second document, due to be published shortly, we look at the actual state of risk and resiliency in manufacturing based on a survey of 100 companies. In that benchmark survey, we asked a number of questions on the importance, relative performance, and accruing benefits of supply chain risk and resiliency.

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