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Supply Chain Managers Remain “Risk Averse”

How confident are your supply chain managers in the risks they encounter? Do they have the right data to back up their concerns and risk mitigation actions? Can you prove they are responding to the most important issues affecting the success of your organzation? According to this article by Patrick Burnson, supply chain managers may not properly identify and communicate risks for fear of being wrong. The potential, Burnson explains, is that they'll be punished for incorrectly identifying “risks”: “First, there is a stark difference in knowing something and doing something,” he said.   “My experience with some incredibly large national and international firms shows that the question of decision making based on risk, especially in today's economy, will not easily be made.” In an interview with SCMR, Giermanski said that job security — especially in the middle to upper-management, administrative — could be jeopardized. “These managers do not want to make a decision based on risk because if it turns out to be wrong, it may impede their movement up the management chain or may even cost them their jobs,” he said. The solution is twofold: enpower your supply chain managers to see the benefits of issue resolution (and not just the cost), while providing them tools and processes that promote identification, communication and mitigation of risks.

 

 

 

 

About Anne Grybowski

Anne is a former staff writer for CAI's Accelerating IT Success, with a degree in Media Studies from Penn State University.

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