Collaborative Expectations
Adivsen surveyed 300 risk managers from a variety of industries on supply chain risk management issues. Around 70 percent of larger companies in a more advanced stage of developing a supply chain risk management practice said they had either good or excellent ability to collaborate with their suppliers. Smaller firms and those at the beginning stages of supply chain risk management development seemed to expect just the opposite – 70 percent of those respondents said their ability to collaborate with suppliers was moderate, fair or poor.
Popular Today
- Moody’s: US Faces $375B in Uninsured Flood Losses From 1-in-100-Year Event
- After Complaint, GEICO Agrees to Modify Cancellation Process That Uses AI
- Insurance Attorneys Flip $1M Hail Claim Into $2M Suit for Contractor Interference
- Viewpoint: The AI Boom – When Risk Stops Being Rare, Insurance Must Evolve