Supply Chain Risk Management integral for stability
PwC rated as a Vanguard Leader by ALM Intelligence
According to ALM Intelligence’s latest report, ‘Supply Chain Risk Management Consulting’, client demand for supply chain risk management (SCRM) has evolved over the last three to four years. Historically, the emphasis of SCRM has been on managing known and controllable supply chain risk sources, such as uncertain demand, lead times, quality, capacity, and inventory management, which directly impact the stability of a company’s internal operations. Many companies now expect this type of risk management to be an integral part of supply chain optimisation or operations excellence projects and rarely ask for it on a stand-alone basis.
ALM Intelligence states that:
• Today, companies are trying to get a better handle on unknown and unpredictable risks from areas that lie largely outside their traditional span of control. For many, this means developing their capabilities to identify, analyse, and manage indirect risks from their supplier networks.
• While consulting providers continue to deliver SCRM through general operations, supply chain, or sourcing and procurement service lines, an increasing number of providers are responding to the shift in demand with targeted service offerings that specifically address supplier and third-party risk management. These programs seek to bring cross-industry and functional resources together in a coherent and coordinated way to help clients enhance their supplier risk management activities.
The report identifies PwC as ‘best in class’ for it’s Supply Chain Risk Management Tools capability area. ALM Intelligence highlights that ‘PwC’s strength is in establishing frameworks and methods for consistently evaluating risk across business units and functions that enable management to prioritise effectively and allocate appropriate resources.’
It also says that ‘PwC distinguishes itself in its ability to operationalise strategic directives into actionable work streams at the business unit level by employing data and advanced analytics to assess and prioritise supplier-related risks across a wide range of industries and circumstances.’
Commenting on achieving the Vanguard rating, Miles Everson, Global Advisory Chairman, said: “We are delighted that ALM Intelligence has rated PwC as a leader in this Vanguard. We’re focused on identifying, monitoring and preparing for potential disruption and supporting our clients as they actively respond and recover from any specific events affecting them.”
*ALM Intelligence, formerly Kennedy Consulting Research & Advisory.
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Robert DonnellyPwC Global Analyst RelationsUnited Statesrobert.firstname.lastname@example.org+1 917 471 3355