Cost of Supply Chain Disruptions Estimated in the Six-to-Seven Figure Range

Aberdeen report examines best-in-class strategies to avoid disruptions and improve supplier management

  • Buyers, materials managers and purchasing agents routinely spend a third to half their time trying to resolve supply chain disruptions.

  • 40 percent of managers resolve last-minute supply issues based on habit and gut feel rather than through local or corporate-level business objectives.

  • Companies that employ technologies to minimize the frequency and cost of supply disruptions are two to three times more likely to achieve supplier on-time delivery and first-time fill rates above market average.