A new survey by UPS shows that nearly half of companies with global supply chains say they fear major disruptions in their ability to source, produce and ship goods around the world − and they are not doing much to prevent it. UPS revealed that 47% of the companies surveyed had said they needed to pay more attention to risk mitigation compared to just 16% which believed they paid an adequate amount of attention. As a result, only 38% of those surveyed rate the resilience of their supply chain above average, while a troubling 42% say the expansion of their global supply chains has outpaced their ability to manage risk. The global survey of nearly 350 senior executives, released by that company and the Economist Intelligence Unit, had been supplemented with interviews of academic experts and leading supply chain practitioners.
