We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • ABOUT
  • CONTACT
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
    • Mobile Apps
  • TRANSPORTATION
  • MATERIAL HANDLING
  • TECHNOLOGY
  • LIFT TRUCKS
  • PODCAST ETC
    • Podcast
    • Webcasts
    • Blogs
      • One-Off Sound Off
      • Global Logistics and Risk
      • Empowering Your Performance Edge
      • Analytics & Big Data
      • Submit your blog post
    • Events
    • White Papers
    • Industry Press Room
      • Upload Your News
    • New Products
      • Upload Your Product News
    • Conference Guides
    • Conference Reports
    • Newsletters
    • Mobile Apps
  • DCV-TV
    • DCV-TV 1: News
    • DCV-TV 2: Case Studies
    • DCV-TV 3: Webcasts
    • DCV-TV 4: Viewer Contributed
    • DCV-TV 5: Solution Profiles
    • Parcel Forum 2022
    • MODEX 2022
    • Upload Your Video
Home » Report: CSCOs to focus on managing disruption as pandemic challenges continue

Report: CSCOs to focus on managing disruption as pandemic challenges continue

CEO survey shows cost optimization and supply chain resilience as top issues for chief supply chain officers in the near term.

network-3539325_640.jpg
July 28, 2021
DC Velocity Staff
No Comments
Chief Supply Chain Officers (CSCOs) should prepare to stay the course, navigating disruptions and ensuring business continuity as the economic recovery from the pandemic continues, according to a Gartner survey of nearly 200 CEOs and senior business executives, released Tuesday.

The research reveals concerns about the need to continue to optimize costs and create resilient supply chains in the wake of challenges brought on by the 2020 Covid-19 pandemic; 17% of business leaders ranked cost optimization as the number one issue that CSCOs should focus on in the near term, followed by supply chain resilience (16%).

“CEOs are tasking their CSCOs to focus on navigating through the ongoing disruption and ensure business continuity,” Thomas O’Connor, senior director analyst with the Gartner Supply Chain practice, said in a statement. “This includes dealing with pandemic-related lockdowns in key markets, supply chain shortages–as seen in the semiconductor industry–and challenges with the global flow of goods and increasing distribution costs.”

At the same time, CSCOs must prepare for an expected economic boom by the end of 2022, according to 60% of CEOs surveyed. Digital transformation and business restructuring will rank high as they prepare for economic expansion. According to the survey, most respondents want to focus on technology, and they plan to increase year-on-year investments in digital capabilities (80%). The trend appears to be shifting from a general, undefined ambition for digital business transformation toward more targeted initiatives, the researchers said. Survey respondents’ most popular areas of digital business were e-commerce/e-business (16%), customer interactions (9%), data analytics (9%), and customer experience (7%).

In addition, more than two-thirds of survey participants indicated they will use the pandemic as an opportunity to focus on redesigning the business. Nearly 80% of CEOs said they expect to see significant and enduring behavioral changes in society, the organization, and individuals that are a direct result of the pandemic. This means supply chain leaders should prepare for their business, key ecosystem partners, and/or competitors to undergo organizational behavioral shifts, the survey found.

“Already, a range of companies have committed to social responsibility and sustainability goals – a huge integration challenge for supply chain leaders that manage global networks. This means supply chain leaders need to establish metrics and goals for themselves and their partners, and ensure their targets are met across the whole value chain,” O’Connor concluded.
Supply Chain Strategy
KEYWORDS Gartner, Inc.
  • Related Articles

    Report finds supply chain sustainability focus areas continue to shift, evolve

    Report: Managing disruption is top priority for sourcing, procurement execs

    Fleet managers grapple with host of challenges as pandemic’s impact persists

Recent Articles by DC Velocity Staff

Cargo imports forecast to sink near three-year low in February

Air cargo demand slumped in 2022 after “extraordinary” levels in 2021

Logistics gives back: February 2023

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Schneider welcomes first battery-electric truck

  • Fred Smith is not worried about Amazon

  • RJW LOGISTICS GROUP EXPANDS RETAIL LOGISTICS OPERATION TO DALLAS

  • Researchers: Ships can look to Mother Nature for energy-saving ideas

  • Maersk deploys indoor drones for warehouse inventory counts

Now Playing on DCV-TV

C8c3bc6b a91d 4181 a18f 35f288257630

ACPaQ: Fast and reliable automated mixed case palletizer

DCV-TV 4: Viewer Contributed
Fully Automated Mixed Case Palletizing ACPaQ is a universally applicable solution for fully automated order picking of mixed case pallets based on customers‘ requirements. Its software allows you to customize the palletizing order to increase efficiency during in-store replenishment. The mixed case palletizer...

FEATURED WHITE PAPERS

  • The five best applications for robotic lift trucks in warehouse environments

  • Fulfillment Facility Improved Efficiencies by 4x

  • 3PLs: Complete Orders Faster with Flexible Automation

  • Reusable Packaging for the New Wave of Supply Chain Automation

View More

Subscribe to DC Velocity Magazine

GET YOUR FREE SUBSCRIPTION
  • SUBSCRIBE
  • NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing