Perspective Newsletter


If you would like to receive Perspective - our monthly newsletter – which brings you all of our latest news and views as well as interviews and opinion pieces then please follow the link below...

Read more

Too many UK businesses 'ignoring supply chain risks'

5 July 2012

Many UK businesses are placing their business prospects at risk by failing to do enough to prepare for potential supply chain disruption, according to a KPMG report.

Speaking ahead of a conference exploring supply chain maturity, KPMG corporate advisory partner Richard Nixon said too many firms simply assume these problems will not affect them, despite a spate of natural disasters in recent memory causing problems for many companies.

The expert stated that some businesses are struggling with the complexity of modern supply chains, while others are relying too heavily on their suppliers to handle these issues, or assessing purchasing on a department-by-department basis, rather than looking at the whole business.

Given the number of companies going into liquidation at present, Mr Nixon said it is absolutely vital for managers to avoid leaving such matters to chance.

He explained: "As much as the current economic climate means that cost reduction is critical to business survival, organisations that cut corners around the supply chain will continue to struggle."

Last month, a report from Boston Consulting Group stated that business environments around the world are changing and evolving more quickly than ever, making strong leadership increasingly essential.

Odgers Interim are UK leaders in Interim Management solutions for the Commercial Sector. We have offices in London, Birmingham, Leeds, Manchester, Glasgow, Aberdeen and Cardiff as well as over 50 offices globally. We are the only Interim Management providers who are part of a top tier international executive search firm. We work closely with our executive search colleagues to find candidates who can offer short term solutions with long term benefits.

Categories: Functional Practices, Procurement & Supply Chain


No comments have yet been posted, be the first to comment by using the form below: