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Resilience 2022
The Interos Annual Global Supply Chain Report
In early 2022, Interos surveyed 1500 global leaders on the impact of continued supply chain disruption and their plans to act on it. The results showed just how massive the problem truly is, and how technology rests at the center of many leaders’ plans for the future.
Part One
Global Supply Chains are Being Reconfigured in Response to Disruptive Events
Concerns about an overconcentration of supply in certain geographies, combined with recent experience of global shortages and growing lead times, has strengthened the case for local sourcing and manufacturing.
This includes everything from personal protective equipment and life-saving drugs to essential foods and silicon chips. For the past three decades, supply chain operating models have often dictated that such products be manufactured in low-cost markets with plentiful labor – leading operations to expand worldwide. But as wage gaps have closed and logistics problems and other risks have mounted, calls to “reshore” production back to home countries have grown.
Part Two
Supply Chain Disruptions are Frequent, Expensive and Often Hidden from View
Global supply chains are in a state of flux as organizations plan major changes in a post-COVID era.
With so many notable interruptions happening in a relatively short space of time, it is important to understand the wider impacts on businesses.
Disruptive, high-impact events are a regular occurrence. Companies average three significant supply chain disruptions per year.
Part Three
Supply Chain Risk Practices Require Further Improvement
In addition to the above, our research found that a majority of organizations would only know about a disruptive event if it came from Tiers 1 or 2.
Despite an increasing emphasis among organizations on reconfiguring their supply chains in response to disruptive events, significant disruptions are frequent, remain financially damaging and occur in places many organizations lack awareness of.
The fact that many companies lack insights into their extended supply chain calls into question the supply chain risk monitoring practices they currently have in place and suggests they still have some way to go in their journey to become operationally resilient.
Part Four
Technology Has a Vital Role to Play in Managing Risk Proactively
Frequent and Damaging Supply Chain Disruptions Are No Longer Rare
Organizations globally recognize that current risk practices limit their ability to counteract supply chain shocks and intend to take action by reconfiguring their supply chains and adopting technology solutions that facilitate information sharing and collaboration.
They must do so quickly, if we are to avoid further global supply chain chaos.
To see more findings from Resilience 2022, read our whitepaper.
To learn more about how Interos can help your organization achieve operational resilience, contact us.
About Interos
Interos is the operational resilience company — reinventing how companies manage their supply chains and business relationships — through our breakthrough SaaS platform that uses artificial intelligence to model and transform the ecosystems of complex businesses into a living global map, down to any single supplier, anywhere. For more information visit us as