Are you are taking radically different actions than your peers when it comes to supply chain risk management? If so, Marsh Consulting thinks you are an innovator and blazing the trail for others to follow. At least, that’s what they say in their report Stemming the Rising Tide of Supply Chain Risks: How Risk Managers’ Roles and Responsibilities Are Changing. Penned by Beth Enslow and written in 2008 and well before the global financial downturn had companies think of anything but supply chain risk, this study of 110 North American risk managers by Marsh in collaboration with Risk Insurance magazine found that only 35 percent considered their companies to be “moderately effective” at managing supply chain risk, not a very uplifting figure, I must say. Having said that, the report clearly shows what “the innovators” do differently and how they have managed to “rein in” their supply chain risks, as the report says.

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