Published: 14 October 2022
Summary
While current supply chain shortages are driving increased urgency to resolve material constraints, traditional efforts to improve forecast accuracy aren’t yielding substantial results. This research helps supply chain planning leaders orchestrate the value chain to enhance supply recovery efforts.
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Overview
Key Findings
Supply shortages are a top-of-mind priority for supply chain leaders. Seventy-eight percent of respondents to the Gartner Supply Chain indicated that finding resources to make products is one of the most concerning scarcities for their supply chain.
Procurement and suppliers receive significant changes to demand plans within their response time. According to the 2020 Gartner Opportunity After Crisis Survey, 64% of organizations anticipate customers’ unexpected demand variation will increase over the next five years.
While planning and procurement have a well-established working relationship, the depth and duration of current shortages necessitate an even tighter collaboration. According to the 2019 Gartner
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