58%, Going on 100%?
During the last year, 58% of companies suffered financial loss from supply chain disruptions. (I came across this statistic, which comes from an Aberdeen survey, while reading an article in Industry Week.)
My bet is that the ACTUAL percentage of companies that suffered financial loss from supply chain disruptions is much higher — but only 58% had the courage to admit it. And, frankly, the percentage is certainly going to go even higher, given the high number of factory closures now occurring around the world.
Nevertheless, I hear from some sourcing executives that they have strong relationships with their suppliers and are therefore not worried. It makes me wonder… Did the 58% of executives, who suffered financial loss from supply chain disruptions last year, express similar confidence prior to the disruptions?