Supply Chain Tops the List of Risks Keeping CFOs Up at Night

A recent survey of CFOs found that while data breaches and COVID-19 are business concerns to worry about, supply chain disruptions have them beat. The survey, first published in CFO Dive, asked 600 finance leaders to rank the business risks they prioritize the most. The top responses:

• Supply chain disruption – 84%
• Talent shortage – 79%
• Tax reform – 79%
• COVID-19 – 78%
• Economic volatility – 78%
• Data privacy breach – 78%
• Regulatory uncertainty – 78%
• Tech lag – 77%

The CFOs cite rising material and transportation costs, delays and shortages as the risks that concern them most – as well as managing the expectations of customers who have come to expect speedy supply chains. As a result, the top priority has become accurate demand and inventory management, replacing just-in-time inventory with something more resilient in the long run.