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Supply chains are greatest career challenge – New study

Jul 26, 2022
supply chain

84 percent of procurement leaders agree that dealing with supply chain disruptions has been their biggest career challenge to date, according to a new study of 233 senior procurement executives from U.S. and UK manufacturers.

The study commissioned by Ivalua found

  • The Supply Chain crisis is expected to continue: nearly half of procurement leaders (44%) expect the supply chain crisis to ease by the end of 2023.
  • 92% of procurement leaders say that avoiding supply chain disruption is in their top 3 priorities for this year.
  • 84% of businesses see modernising the manufacturing procurement and sourcing function as an organisational priority today.
  • Only 46 percent say they have a deep understanding of their suppliers’ capabilities and risks
  • Managing geographical disruptions to the supply chain has been a significant challenge. A full 89 percent of procurement leaders need to view supply chain data by geography, but only 73 percent can easily access it.

To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.

For more help with looking at supply chain options, contact Astute Electronics