Supply Chain Readiness

A new survey of 250 supply chain, planning and inventory executives, LeanDNA Survey, took place  between December 14th and December 21st, 2023, to find out the readiness level of the supply chain. 

Here are some of the questions asked and the answers given. 

 Q: Which of these steps has your organization taken to prepare for  the next major supply chain disruption?

• Increased supply chain visibility (e.g., through IoT devices or sensors) - 41%
• Diversified supply base  -  41%
• Identified new/better vendors -  39%
• "Deployed digital twin and other 
  simulation technologies"  -  37%
• Reskilled workforce  -  36%
• Adopted new tools (e.g., risk 
  evaluation tools)  -  34%
• Partnered with third-party 
  logistics experts   - 32%
• Added new, homegrown tools  -  27%
• Add-ons to ERP for more functionality   - 26%

Q: What business risks do you fear will happen with a future disruption if your organization is not property prepared?

• Impact on workforce - 47%
• Reduced productivity - 45%
• Damaged reputation - 45%
• Fractured supplier relationships - 36%
• Quality decrease - 36%
• Customer dissatisfaction - 35%
• Revenue loss - 33%

Q: Looking ahead which of the following potential disruptions are you most concerned about?

• Supply shortages - 56%
• Public health crises - 52%
• Natural disasters - 50%
• Government regulations - 49%
• Cyber attacks - 49%
• Geopolitical conflicts - 45%

To view the full survey click here.