More
Manufacturers and retailers are increasingly focusing on risk in their supply chains, according to KPMG’s latest global CFO Consumer Markets Survey entitled Turning global risk into opportunity: Key priorities for consumer company CFOs.
The survey examines the findings of a survey of 350 senior finance executives from consumer markets companies around the world.
Economic uncertainty was the biggest risk cited by 44 percent of respondents. Political instability was next on their list, coming in at 27 percent. Sovereign debt crises and stock market swings, at 22 percent and 21 percent respectively, were the next biggest risks for respondents.
Due to these risks, 19 percent of respondents’ companies are now holding more risk reviews with senior management on a weekly basis, up from 7 percent two years ago.
Although these risk conversations are becoming more frequent, an enterprise-wide view of risk is not yet a reality.
With access to over one million professionals and more than 60 industry-specific publications,
