{"id":6649,"date":"2023-06-22T09:42:47","date_gmt":"2023-06-22T14:42:47","guid":{"rendered":"https:\/\/www.signium.com\/?post_type=news&p=6649"},"modified":"2023-06-29T09:47:52","modified_gmt":"2023-06-29T14:47:52","slug":"risk-mitigation-is-supply-chain-the-weakest-link-in-the-c-suite-strategy","status":"publish","type":"news","link":"https:\/\/www.signium.com\/es\/news\/risk-mitigation-is-supply-chain-the-weakest-link-in-the-c-suite-strategy\/","title":{"rendered":"Risk mitigation: Is supply chain the weakest link in the C-Suite strategy?"},"content":{"rendered":"\n
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\u201cGlobal supply chain disruptions, higher raw material and labour costs, and more competition are some key factors that have led to an increase in the cost of developing, producing, and marketing products or services. Consumer companies face challenges regarding reduced profit margins, operational inefficiencies, or loss of competitiveness.\u201d<\/em data-aos=\"fade-up\"><\/p>\nMatt Dallisson, Global Head of Consumer Practice, Partner Signium UK<\/cite data-aos=\"fade-up\"><\/blockquote>\n\n\n\n

Signium Global\u2019s latest research report \u2018Leadership in a Polycrisis<\/strong><\/a data-aos=\"fade-up\">\u2019, provides an in-depth review of business risk mitigation in a world where each region is facing multiple headwinds that may be unique to that area. However, one threat that affects even the most self-reliant countries is supply chain security.<\/p>\n\n\n\n

Pre-pandemic, business leaders kept an eye on costs and service from key suppliers, periodically resolving delays and disruptions that may have occurred. Providing everything was running smoothly, the supply chain rarely posed a major concern for the C-Suite and responsibility for it largely fell to operations and supply chain managers.<\/p>\n\n\n\n

As Covid19 shut down businesses and industries around the globe, businesses looked to the C-Suite for solutions to the impacts of several issues, including a surge in demand for medical supplies during the pandemic, manufacturing constraints, and geopolitical tensions.<\/p>\n\n\n\n

What has followed this extraordinary period affecting the supply of goods and services is the catch-up period we are now in before the supply chain is running optimally again. So, what must today\u2019s C-Suite address when their supply chain poses a risk to performance? The Liberty Mutual Insurance Risk Matrix highlights issues many companies are still facing \u2013 or may face \u2013 due to supply chain challenges.<\/p>\n\n\n\n