A new report has found that of the 250 senior manufacturing executives surveyed, 40 per cent had experienced supply chain disruption over the last year. The report, created by GT Nexus and YouGov, found that despite this – only 24 per cent currently have a chief supply chain officer, with 41 per cent saying they have no plans to hire one.
“It’s clear in the report that manufacturers expect to face major supply chain challenges in 2016 stemming from external factors beyond their control,” said Greg Kefer, VP corporate marketing at GT Nexus. “The data suggests their execution roadmap may be misguided, being focused more on cost cutting, for example, than more mission-critical things like having a senior supply chain leader in place.
“Seventy six per cent of respondents said they currently operate without a Chief Supply Chain Officer.
“With almost half of manufacturers reporting a disruption that impacted business in the past 12 months, this gap in strategic direction to address broader supply chain agility is a concern.”