When It Comes to Risk, Most Executives Aren’t Practicing What They Preach

Image via Flickr by USFWS/Southeast

For some time now, it’s been apparent how important it is for companies to assess their risks within the supply chain and create contingency plans to continue operations in the event of an unforseen break down. However, in a new survey by the American Productivity and Quality Center (APQC), fully three-quarters of large companies aren’t taking these measures. 75 percent of 195 large corporations surveyed have been hit with an unexpected interruption in their supply chain within the past two years, causing them to be unable to deliver on time to their customers.

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