Interos Supply Chain

August 2023

Research parameters

Topic:

Supply chain risk management

Countries:

US, Canada, UK, Ireland

No. of interviews:

755

Methodology:

Quantitative and qualitative

Respondent profile:

Procurement senior decision makers

Brief

The client wished to understand more about the supply chain disruption organisations are currently facing and their approaches towards supply chain and third-party risk management.

Solution

We took a dual methodology approach, first undertaking a quantitative study, with 750 respondents, to identify the challenges organisations face. Additionally, this was followed by 5 qualitative in-depth interviews to delve deeper into the results.

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Outcome

Interos used the research to create their 2023 Annual Global Supply Chain Survey, to help draw attention to the need for proper, effective supply chain and third party risk management and position them as thought leaders in the marketplace.

Read the full research here

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Key findings

$37

million a year could be saved through better prevention and swift response to supply chain disruptions

90%

of organizations lack awareness of sub-tier supplier disruptions for up to 48 hours, exposing them to significant brand and financial risks

$43 to $47 million is the average annual cost of different supply chain disruptions

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Lisa Costello

Commercial Director

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