PowerAdvocate Risk Survey

PowerAdvocate Annual Survey (2020)

Managing Supply Chain Risk

Energy | Industry Survey | November 2020

In our annual risk survey, we asked 700+ professionals from 200+ Energy and Natural Resources organizations globally to share their point of view on this year’s topic of focus for us – supply chain risk.

While there were many key learnings from the aggregated results, here are a few notable takeaways:

  • 1 in 3 respondents felt their organizations are average or worse at managing supply chain risk
  • External facing business functions (e.g. Sales, Commercial) prefer an enterprise-wide approach to risk management, whereas operations teams prefer business unit-, category- and supplier-specific tactics
  • >50% of responses cited data as a key impediment to effective risk management

Read the full survey results here: https://www.costinsights.com/supply-chain-risk-survey

If you are interested in discussing this topic further or if you have any questions, simply submit your contact details and we’ll get in touch.