The Business Continuity Institute has launched its 4th annual supply chain resilience survey, a well-regarded and widely referenced study into the nature of supply chain risk and approaches to deal with disruption and build organizational resilience.
Now into its fourth year, the BCI Annual Supply Chain Resilience Survey has established itself as an important vehicle to highlight and inform organizations on the importance of supply chain resilience and the key role it plays in achieving overall organizational resilience in today’s volatile global economic climate.
The outcomes of previous surveys have provided organizations with critical insights and valuable information to support the development of appropriate strategic responses and approaches to mitigate the impact and consequences of disruptions within their supply chains. They have also sparked some interesting and thought-provoking debate within the world of business continuity and have influenced some important change in how business continuity is perceived at strategic level by senior management.
The original survey in 2009 exposed high and growing levels of disruption, while the 2010 survey highlighted the vulnerabilities of globalised and highly optimised supply chains. The 2011 survey revealed the deep rooted nature of supply chain disruption, originating well below tier one suppliers.
Businesses are beginning to realise that strong supply chains are vital to business success and that companies should be taking action to implement Business Continuity Management strategies to improve resilience. This year’s research will further reinforce the importance of supply chain resilience by asking questions about the levels and types of supply chain disruption experienced, the impact of such disruptions, and the techniques applied to gain better visibility and assurance through the supply chain.
Lyndon Bird FBCI, Technical Development Director at the BCI, comments:
“Set against today’s uncertain and turbulent economic climate, supply chain vulnerability has become a significant issue for many organizations. Supply chains are becoming increasingly complex and long as a result of global outsourcing and off-shoring. The challenge to businesses to day is to manage and mitigate that risk by creating more resilient supply chains.
“The BCI Annual Supply Chain Survey has been instrumental in raising the awareness and importance of supply chain resilience and in driving home the need for business continuity and supply chain professionals to work more closely together and share good practice.”
We are delighted that the prestigious Chartered Institute of Purchasing & Supply (CIPS) is supporting this year’s survey along with our sponsors Zurich Insurance and DHL Supply Chain.
We call on supply chain, business continuity, risk, crisis and security practitioners to share their expertise and experience with colleagues to further the end-to-end resilience of globalised supply chains through the participation in our annual survey.
The survey typically takes 10 minutes to complete. All responses remain anonymous and those completing the survey will automatically receive a complimentary copy of the final report. The survey can be accessed here.
The survey closes on 17th August 2012.
The final report will be launched on November 7th at the BCM World Conference & Exhibition 2012 that is taking place in London later this year. The results will be presented as part of the “free to attend” seminar programme that will be running throughout the Conference. Entry to the Exhibition is free; however, pre-registration is required at www.bcm2012.com.