Across industries, 65 global companies increased the severity of future supplier risks for sustainability and climate change over the next three years, indicating a higher focus on environmental issues and their impact on supply chain disruptions.
Tracking and Managing Cost Changes
91% of companies use a cost baseline while 73% use variance reporting and monitor supplier and plant information for tracking and managing cost changes.
External Forces of Change
Changing customer requirements, government regulations, and tech advancements are top predicted forces driving change for 2026.
Top Business Strategies
Strengthening supply chain resilience is the top business strategy the supply management profession is expected to adopt between now and 2026.
81% of companies we surveyed don’t consider Transportation and Logistics Issues to be a high risk over the next three years.
Driving Business Partner Engagement
Engaging supply management with internal business partners can create value and alignment with business goals.
Business Partner Engagement
Aligning and integrating with the business can help supply management leaders drive value for their companies, especially at a strategic level.
Supplier Risk of the Future
71% of companies consider cyber security & data to be the highest risk for suppliers over the next 3 years.
The CEO’s Support of SRM
On average, CEOs spend just 6% of their time with suppliers, while 18% said their organization is considered a “customer of choice” by their suppliers. Increasing the time CEOs spend with suppliers could potentially improve supplier collaboration and innovation and improve savings over the long-run.
When CPOs ranked their priorities over the next 12 to 36 months, 40% of respondents said ensuring continuity of supply will be their top priority over the next 12 months. Half of CPOs (49%) said advancing data analytics to a more mature level will be the top priority in the next 3 years.
Supply management professionals from member and non-member companies can participate in benchmarking surveys and get metric reports in return.