40 • Supply Chain Risk Management: An Emerging Discipline
SCRM Adoption
We know that leading- edge companies are much more likely to integrate
and align risk with corporate goals. ey generally have more visibility
into their organization as they are substantially more likely to perform
“what- if” scenario- planning and change analysis. On average, leaders
achieve almost 95% better accuracy of cash ow forecasts, which is clearly
better than what their peers achieve. And they tend to mitigate their nan-
cial losses down to 3% of revenue as opposed to their peers, who average
10% of revenue due to nancial loss. What characterizes early adopters,
industry average, and laggards?
Early Adopter Companies. Early adopters leverage their ERM tools ...