How much has your organization increased its investment in preparedness for major disruptions?

Responses:

• A great deal - 59%
• Some - 33%
• A little - 8%
• None - 0%

What approach to your processes and/or technology stack has your organization's leadership taken to improve preparedness for the next major supply chain disruption?

Responses:

• Overhauled our approach completely - 33% 
• Made major changes to our approach - 53%
• Changed a few things in our approach - 12%
• Haven’t made any changes in 
  our approach - 1%
  
  

Which of the following steps has your organization taken in preparedness for the next major supply chain disruption?

Responses:

• 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%
  
• Other  -  0%
  
• None of these  -  0%

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

Responses:

• Impact on workforce - 47%
• Reduced productivity - 45%
• Damaged reputation - 45%
• Fractured supplier relationships - 36%
• Quality decrease - 36%
• Customer dissatisfaction - 35%
• Revenue loss - 33%
• Other - 0%
• None of these - 1%

Looking ahead, which three of the following potential disruptions to your business are you most concerned about?  

Responses:

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

How much of a priority will focusing on resilience be to your organization in 2024?  

Responses:

• Top priority - 41%
• High priority but not top - 46%
• Low priority - 13%
• Not a priority - 0%

What level of visibility does your organization's tech stack provide?  

Responses:

• Historic view of supply and demand - 18%
• Real-time and historic view of supply and demand - 58%
• Predictive view of future supply and demand, along with real-timer and historic view - 24%

Which of the following best describes your organization's tech stack?  

Responses:

• It relies heavily on common workplace software such as Excel - 28%
• It relies equally on common workplace software and specialized software - 46%
• It relies heavily on specialized software developed specifically for my organization - 27%

For any supply chain worker, what percentage of their time is spent manually entering, tracking, and/or managing data?   

Responses:

• 0 - 0%
• 1 to 15 - 10%
• 16 to 30 - 35%
• 31+ - 56%

Which of the following reasons are why your organization hasn't invested in a new tech stack or made updates to your existing tech stack? 

Responses:

• Our business needs are unique - 51%
• Upgrade to current systems would suffice - 50%
• Current system too ingrained - 48%
• We recently invested in a new ERP system - 42%
• Can't afford the implementation disruption - 26%
• Not a leadership priority - 21%
• Other - 0%

How much do you agree or disagree with the following statement? Efforts to generate real-time data that do not provide actionable insights for decision-making is a waste of time and energy. 

Responses:

• Strongly agree - 43%
• Somewhat agree - 40%
• Somewhat disagree - 9%
• Strongly disagree - 8%

How often do you make gut decisions on what actions to take due to a lack of predictive guidance in your reports? 

Responses:

• All the time - 26%
• Often - 42%
• Sometimes - 24%
• Rarely - 7%
• Never - 0%

What are the top barriers to your organization using real-time data for supply chain management?

Responses:

• Cost to implement - 58%
• Staff skills and training - 55%
• Our current tech stack doesn't support it - 44%
• We aren't set up to collet real-time data - 36%
• Haven't had a need for it - 31%
• Other - 1%
• There are no barriers to our organization using real-timer data for supply chain management - 4%

What are the top three benefits of real-time data informing business decisions?

Responses:

• Improve logistics and inventory management - 47%
• Identify changes in demand - 45%
• Enhance collaboration - 44%
• Better planning ability - 43%
• Proactive corrective actions - 41%
• Up-to-date view of the customer - 40%
• Shorten feedback loops - 40%
• Other - 0%