Supply chain disruptions can cost firms 6-10% of annual revenue, and 84% of CFOs report it as a significant or moderate risk. With 60% of revenue tied up in procurement costs, supply chain is the biggest source of risk for CFOs to achieve their objectives. CFOs are now taking a proactive role in managing supply chain risks by implementing "just in case" operating models, resilient sourcing strategies and optimizing financial trade-offs.
As we move into 2023, the operating environment is characterized by volatility, uncertainty, complexity, and ambiguity (VUCA) and there are a number of risks to be aware of.
To understand, how to achieve better financial performance with supply chain risk management, download our white paper.