Importance Of Supply Chain Management Recognized
December 29th, 2011
In the new post-recession economy, companies discover the increased importance of supply chain management in overall financial success. The Global Chief Supply Chain Officer Strategy Report 2011 reveals the findings of the latest survey. Supply chain representatives said, "It's time supply chain executives were recognized and leaned on for the key difference their success can make to the largest business."
The majority of respondents believe their business considers supply chain important to business recovery, although this trend is more positive in North America than in Europe. The importance of supply chain to business is also reflected by the fact that 51% of companies either have a head of supply chain on the board or will within the next two years.

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