According to Aberdeen Research, more than 80% of supply management executives reported that their companies experienced supply disruptions within the past 24 months and these supply glitches negatively impacted their companies’ customer relations, earnings, time to-market cycles, sales, and overall brand perceptions. They also found that less than half of enterprises have established metrics and procedures for assessing and managing supply risks and many procurement organizations lack sufficient market intelligence, skills, and information systems to effectively predict and mitigate supply risks.

JKDA, working closely with procurement managers world wide has created a risk framework and web based analytics system that can help predict supplier issues and events and is currently in use by several global companies.

Read a
detailed description of the framework and system.

For background research on this JKDA solution, read the book by Dr. McCormack.

risk book cover
© 2011 Kevin McCormack