Clear accountability and ownership supported by a strong foundation of key enablers people, processes, and technologyanalytics are critical to sustaining a resilient supply chain. Supply chain resilience report 2017 the key findings. The bci supply chain resilience report, in association with zurich, is a comprehensive resource for business continuity, supply chain management, and resilience practitioners alike for its insights on supply chain disruptions. The business continuity institute is proud to present the ninth supply. Bci supply chain resilience report 2019 zurich insider. He is a recipient of many prestigious international awards. A report is now available which contains the results of the 2014 survey, which generated 525. Cyber attacks and data breaches 49 percent are the most concerning challenge for business continuity professionals both over the next 12 month and the next five years, according to the 2018 bci supply chain resilience report. The bci supply chain resilience report, in association with zurich, has been a comprehensive resource for business continuity, supply chain management and resilience practitioners alike for its insights on supply chain disruptions.
Im delighted to introduce the business continuity institute horizon scan survey 2017. The business continuity institute is proud to present the ninth supply chain resilience report, with the support of zurich. Business continuity remains essential in building supply chain resilience. Bci supply chain resilience report 2017 launch bci. Supply chain resilience critical areas of supply chain risk3 our research with mit identified the following critical areas of supply chain risk. How to rebound from natural disasters supply chain dive. Check out our whitepapers, tools and webinars to learn more about scrm. These are uncertain times with multiple challenges in. Chain resilience report, with the support of zurich. After a positive leap in 2017, such commitment has dropped for the second year running to 25. At their worst, disruptions can lead to significant impacts on society. Apics supply chain council published a report in 2015, mentioning that natural disaster, lack of information sharing and partner underperformance were the major disruption in the supply chain, while bci supply chain resilience report 2017 suggests that lack of visibility, cyberattack, it communications and loss of skills are the main cause.
Over the last nine years, it has provided practical and actionable advice which enables organizations across industry sectors worldwide to improve the. Understand supply chains and their component parts develop value for money supply chain resilience solutions understand how to engage with staff responsible for awarding more resilient contracts create top management reports such that the report supports the concepts of building supply chain resilience. In this paper the uk approach to supplychain resilience is examined mainly through a survey of government documents that deal with various aspects of the security of the supply of strategic goods, understood as those goods or services that are essential to the wellbeing of the british people andor the economy. This report outlines how business can act on climate change by building resilience in the supply chain.
Moreover, the literature has thus far made very limited use of existing theory frames to further our understanding of scres. Integrating the needs of supply chains into mitigation, response, recovery, and resilience planning and actions is key to improving supply chain resilience and. Supply chain resilience five areas where you can accelerate performance, embrace complexity, and foster a healthy and effective supply chain the supply chain, like business itself, is a vast and complicated network. This report, the result of a survey of 519 respondents from 71 countries, highlights the level. A critical need for supply chain resilience strategies involving farflung suppliers with singlesource, justintime contracts and outsourced manufacturing and assembly agreements are aimed at reducing costs and boosting the bottom line. Performance indicators for supply chain resilience. The 8th annual supply chain resilience report, published by the business continuity institute and supported by zurich insurance group, tracks the origins, causes and consequences of supply chain disruption across industry sectors and regions worldwide. Back in 2009, much of the world was still emerging from the aftermath of the global financial crisis, and the responses provided in the original supply chain resilience report relect this. The supply chain resilience survey plays a key role in making the report so insightful by capturing different aspects of the supply chain industry, from threats that organizations. May 22, 2017 cips, the business continuity institute bci and zurich insurance are running the 9th supply chain resilience survey and would greatly welcome your input this survey asks questions about the levels and types of supply chain disruption, its impact, applying business continuity and supply chain management techniques, and some organizational profile information. Over the last nine years, it has provided practical and actionable advice which enables organizations across industry. Supply chain capabilities, risks, and resilience article pdf available in international journal of production economics 184 september 2016 with 2,412 reads how we measure reads. Business action for climateresilient supply chains bsr. Dhl resilience360 is an innovative supply chain risk management software platform that helps businesses predict, assess and mitigate the risk of supply chain disruptions.
Over the last nine years, it has provided practical and actionable advice which enables organizations across industry sectors worldwide to improve the resilience of. Bcis thought leadership team to look back over the responses contained in successive reports produced annually since 2009. This survey captures different aspects of the supply chain industry. Bci supply chain resilience report 2019 continuity insights. Jan 11, 2018 here, he discusses the reports key findings and how to approach the issue of supply chain disruption. Bci publishes the results of its annual supply chain. The supply chain resilience 10 year trend analysis report contains the trends and key indings that have emerged over the last decade. Business continuity institute horizon scan report 2017.
The july 7, 2016, typhoon that struck taiwan affected 5,393 sites and 29,827 parts with an. A report is now available which contains the results of the 2014 survey, which generated 525 responses from 71 different countries. The bci cyber resilience report is an analysis of cyber security incidents experienced by organizations across the world, and how they respond to them. May 26, 2015 global supply chains are among the most critical levers for companies to take action on climate change and to gain business benefits from building resilience.
Bci publishes the results of its annual supply chain resilience survey. The eventwatch 2016 annual report from resilinc, a west coastbased provider of supply chain resiliency solutions, points out that the japanese earthquakes of april 2016 affected 214 sites, 1,824 parts and took about 36 weeks before all businesses were back. Governance resilient supply chain framework supply chain resilience. Jul 30, 2019 apics supply chain council published a report in 2015, mentioning that natural disaster, lack of information sharing and partner underperformance were the major disruption in the supply chain, while bci supply chain resilience report 2017 suggests that lack of visibility, cyberattack, it communications and loss of skills are the main cause. Business action for climateresilient supply chains. It is clear from this that supply chain hurdles are prevalent across all. Supply chain risk management software dhl resilience360. Reporting of supply chain disruptions has increased since 2017, going from 70 percent to 73 percent, and. Almost threequarters of organizations have reported having business continuity arrangements related to supply chain management. In its most recent supply chain resilience report 2016, bci says that 70% of companies surveyed experienced at least one supply chain disruption over the prior 12 months, and that 34%. Supply chain resilience report 2017 continuity insights. Here at riskmethods, were excited to be at the forefront of it, and we love sharing what we know. According to the business continuity institute, supply chain resiliency isnt exactly top of mind for todays organization.
We have asked to see documented outcome reports and action plans. Yet supply chain vulnerability is a networklevel phenomenon that needs to be addressed through the study of resilience at the supply chain level. Managing risks in supply chains with digital twins and. The business continuity institute bci has announced that the supply chain resilience report 2019 is now available for download on its. Over the last nine years, it has provided practical and actionable advice which enables organizations across.
Bci supply chain survey 20 1 executive summary introduction this supply chain resilience report is the fifth in a series that started in 2009 to consider the challenge of developing resilient supply chains. This provides the perfect opportunity for the bcis thought leadership team to look back over the responses contained in successive reports produced annually since 2009. Karan girotra, insead associate professor of technology and operations management march 24, 2017. Managing risks in supply chains with digital twins and simulation. The release of the 2017 bci horizon scan report marks the sixth. That is according to a report published today by the business continuity institute and supported by zurich insurance group. Supply chain risk management resources riskmethods. Highlights from this years report, directly quoted. In a study by the world economic forum and accenture in 20, it is revealed that 80% of firms consider resilience to supply chain disruptions as a top priority.
Cips, the business continuity institute bci and zurich insurance are running the 9th supply chain resilience survey and would greatly welcome your input this survey asks questions about the levels and types of supply chain disruption, its impact, applying business continuity and supply chain management techniques, and some organizational profile information. Bci horizon scan report 2018 top 10 disruptions 2 adverse weather 5 availability of talentskey skills 9 fire 6 security incident 7 transport network disruption 3 interruption to utility supply 4 cyber attack 8 new laws or regulations 10 supply chain disruption 1 unplanned it and telecom outages. Other concerns over the next five years also include it outages 41 percent and adverse weather 39 percent. This is one of our most mature and popular reports, as many professionals rely on it as a source of insight.
Since 2009, the business continuity institute has conducted an annual survey into supply chain resilience. Business action for climateresilient supply chains tuesday may 26, 2015. Bci supply chain resilience training course courses bc. It is estimated that almost three quarters of organisations experience a supply chain disruption each year, i. The report provides practical and actionable advice which enables organizations across industry sectors worldwide to improve the resilience of their supply chains. Different disciplines such as business continuity, information security and risk management need to come together, share intelligence and start speaking the same language if they want to build a safer future for their organizations and communities. Over the last nine years, it has provided practical and actionable advice which enables organizations across industry sectors worldwide to improve the resilience of their. Sep 25, 2017 the bci cyber resilience report is an analysis of cyber security incidents experienced by organizations across the world, and how they respond to them. For continuity and resilience practitioners the 2019 bci horizon scan. Firstly, respondents indicate a steady decline in top level management commitment to supply chain risk. Rethinking resilience in global supply chains insead. The pressure on businesses to provide fast and reliable services is increasing and therefore the need for companies to invest in supply chain resilience solutions is more. Annual bci supply chain resilience survey continuity.
The supply chain resilience report 2019 examines the disruptions organizations have experienced in their supply chain over the past twelve months, topofmind concerns for professionals over the next five years, how technology is influencing the supply chain, the consequences of disruption and the uptake and effectiveness of insurance for supply chain losses. The bci supply chain resilience report, in association with zurich, has been a comprehensive resource for business continuity, supply chain. This is one of our most popular and influential pieces of research and is now being published for the sixth consecutive year with the support of bsi. Aug 07, 2017 even those who survive suffer great loss. These naturally vary across companies and industries, but should form the starting point to define what the company cares about most and why. Supply chain sc disruption management is a complex issue that involves building sc resilience through enhancing the organizational ability to anticipate, adapt, respond, recover and learn from disruptions. He is leading working groups, tracks and sessions on the digital supply chain, supply chain risk management and resilience in global research communities. There is a need for a qualitative, interpretive, holistic and flexible framework in the. This is one of our most popular and influential pieces. In this paper the uk approach to supply chain resilience is examined mainly through a survey of government documents that deal with various aspects of the security of the supply of strategic goods, understood as those goods or services that are essential to the wellbeing of the british people andor the economy. So what can we take away as key findings from the 2019 bci supply chain resilience report. This is despite increasing supply chain complexity featuring within the top five emerging trends, in addition to the recent bci supply chain resilience survey, which revealed that 75% of respondents experienced at least one supply chain disruption during the previous year. This holds true for food supply chains, and their resilience is therefore a topic that concerns not only the organisations within the supply chain but also governments and policy makers.
Bci reveals top 10 threats to business continuity by putting in place a framework based on risk standards, you will be able to identify, prioritise and manage the range of threats to your business more effectively. This is one of our most popular and influential pieces of research and is now being published for the sixth consecutive year with the support of. Attempts to diversify may make supply chain disruptions more damaging when they occur. How to ensure endtoend visibility in pharmaceutical. Nov 07, 2017 the bci supply chain resilience report, in association with zurich, has been a comprehensive resource for business continuity, supply chain management and resilience practitioners alike for its insights on supply chain disruptions. New thinking lisa harrington president, lharrington group llc and faculty research associate center for public policy and private enterprise university of maryland june 7, 2017. Among the eyecatching statistics from the bcis latest survey were the following. The latest edition of the business continuity institute s bci supply chain resilience report was a truly international survey with more than 400 responses from 65 countries zurich supports the survey each year, and nick wildgoose, our global supply chain product leader, has been involved in its development since its first edition in 2009. The plugandplay supply chain 2017 psm workshop 2017.
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