It doesn’t take much to disrupt a supply chain and bring it to its knees. One large container ship stuck sideways in the Suez Canal, a natural disaster like the Great Texas Blizzard of 2020 or a cybersecurity breach like SolarWinds can all wreak havoc on the most carefully laid-out supply chain plans. And while all of these events occurred while a worldwide pandemic was taking its own toll on the world’s supply networks, even minor interruptions to supply chain networks tend to add up quickly.
According to the latest Interos Annual Global Supply Chain Report, these disruptions cost large organizations an average of $184 million in lost revenue—per company—every year. For the survey, the company interviewed 900 senior IT, IT security and procurement decision-makers in April and May 2021.
