The following is excerpted from the 18 April 2013 press release by Deloitte
Almost two thirds (63%) of respondents to a new survey from Deloitte identified risk in the extended value chain – comprising vendors and customers and where they have less control - as their greatest concern with regards to supply chain risk.
The survey of 600 global executives from manufacturing and retail companies, also found that over half (53 percent) said that supply chain disruptions have become more costly over the last three years. As they operate in an environment of escalating risk, 45 percent of surveyed executives say their supply chain risk management programmes are only somewhat effective or not effective at all.
This press release in its entirety and the report are available at: http://www.deloitte.com/view/en_IE/ie/news/ie-pressreleases-en/d68d8b4c8b71e310VgnVCM2000003356f70aRCRD.htm.