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Zycus and the Supply Risk Explosion

“Ten or fifteen years ago, you could not convince most procurement and supply-chain professionals to talk about supply-risk management. Today you can not get them to stop talking about it.” That is what Zycus, the self-proclaimed spend management experts, claims in their latest whitepaper  “The Supply Risk Explosion – Building a business culture that can cope“. I must admit that they do indeed have a point. Today’s list of supply-related risks can seem nearly infinite: supplier bankruptcy, tight credit, emerging capacity constraints, commodity price inflation, low inventories, product recalls, supply-chain globalization, supply-base rationalization, corporate cost cutting, dangerous management decisions, currency fluctuations, terrorism, increased regulatory activity, outsourcing, sustainability, social responsibility, social media, unfair trade practices, and so much more. How can any firm not be overwhelmed by this?

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