CEOs fail to heed supply chain lessons from horsemeat

Posted on 14 Mar 2013 by Tim Brown

More than a third of Chief Executives are disengaged with their supply chain, according to a survey of senior supply chain managers, carried out by the Chartered Institute of Purchasing and Supply (CIPS).

The CIPS survey also found almost 50% of companies do not have a comprehensive supply chain risk mitigation strategy. Over 50% of supply chain professionals thought the horsemeat saga was a problem caused by the supermarkets squeezing suppliers. In addition, almost 90% of supply chain managers feel regulators do not sufficiently understand supply chains. Positively,…

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