s+b Trend Watch: Sourcing and Risk
In a recent Booz & Company survey, sourcing executives identified the type of risk that has increased most in the last three years: strategic risk, such as that from a misguided expansion or acquisition. Risks as varied as natural disasters, political upheaval, and currency fluctuations — and how those risks are managed — are getting more attention in the C-suite, and supply management executives are at the center of the conversation. In fact, sourcing officers universally report expanded responsibilities.
Sourcing’s Role in Managing Risks, 2010–12
Source: “Supply Chain Management at a Crossroads: Lessons for Success in Turbulent Times,” Booz & Company white paper, May 2012, strategyand.pwc.com/supply-management-crossroads
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