Resilience 2022: Financial Services Supply Chain Infographic

June 2, 2022
Infographics

Resilience 2022: Download the Financial Services Supply Chain Infographic

Interos surveyed more than 300 supply chain leaders from financial services companies as part of Resilience 2022, the second edition of our Annual Global Supply Chain Report. Our study dimensions the continued impacts of global supply chain disruptions on financial services organizations and explores their plans to combat it. Interos has assembled key findings from financial services respondents into the infographic below, which is also available as a downloadable PDF.

Financial services organizations were impacted by multiple significant supply chain disruptions during the past year costing on average, costing a combined $143 million in lost revenue per company.

  • Disruption causes were split evenly between financial, operational, cyber, ESG and other risk categories. Most companies were impacted by sub-tier supplier issues where they have limited visibility
  • Just 53% of a financial services organization’s suppliers are typically evaluated during risk analysis exercises
  • Supply chain risk management and operational resilience demand collective responsibility, collaboration and information sharing with both internal functions and external suppliers and strategic partners. Most financial services executives acknowledge they need to do a better job on all fronts

Other key findings of the Interos Resilience 2022 survey include:

  • 3/5 of financial services companies plan to make wholesale changes to their supply chain footprint
  • 83% of financial services respondents plan to implement or introduce technology in next 12 months to gain visibility into their supply chains
  • Only 9% of financial services organizations currently monitor supplier risk on a continuous basis

Hit the download button below to for a PDF of the infographic or keep scrolling to view as an image. You can also click here to download the full survey report.

 

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