STATE OF SUPPLY CHAIN INVENTORY MANAGEMENT 2020
Priorities for building a resilient Supply Chain amidst COVID-19

Question Title

* 1. Name

Question Title

* 2. Job Role

Sourcing/Supplier Management

Procurement

Inventory/ Materials Mgmt.

Indirect Materials (MRO)

Supply Operations

Data & Analytics

Business or IT Analyst

Finance

Question Title

* 3. Job Level

C-Level

SVP/GM

Vice President

Director

Sr.Manager/Mgr.

Associate

Question Title

* 4. Industry

Manufacturing

Consumer Packaged Goods Manufacturing

Consumer Goods Retail

Industrial Manufacturing

Pulp & Paper

Energy & Oil & Gas

Industrial Supplier

Consulting

Question Title

* 5. Country

U.S./North America

U.K.

Nordics / Europe

Middle East / Africa

Asia Pacific

Question Title

* 6. Organization Size

< 1000 people

1,001 – 5000 people

5,001 – 20,000 people

20,001+ people

Question Title

* 7. Supply Chain Maturity Curve (1 lowest, 5 highest)

	Low				High
Overall Supply Chain	Overall Supply Chain Low	Overall Supply Chain	Overall Supply Chain	Overall Supply Chain	Overall Supply Chain High
Direct Materials Management	Direct Materials Management Low	Direct Materials Management	Direct Materials Management	Direct Materials Management	Direct Materials Management High
Indirect Materials Management (MRO)	Indirect Materials Management (MRO) Low	Indirect Materials Management (MRO)	Indirect Materials Management (MRO)	Indirect Materials Management (MRO)	Indirect Materials Management (MRO) High
Procure-to-Pay	Procure-to-Pay Low	Procure-to-Pay	Procure-to-Pay	Procure-to-Pay	Procure-to-Pay High
Supplier Management	Supplier Management Low	Supplier Management	Supplier Management	Supplier Management	Supplier Management High

Question Title

* 8. Describe your Supply Chain’s readiness at the time of the COVID shelter-in-place mandate

	1 - Unprepared, significant impact.				5 - Fully prepared, no impact
Supply Chain Readiness	Supply Chain Readiness 1 - Unprepared, significant impact.	Supply Chain Readiness	Supply Chain Readiness	Supply Chain Readiness	Supply Chain Readiness 5 - Fully prepared, no impact

Question Title

* 9. At the onset, and its first 60 days of the COVID-19 pandemic, what have been the top priorities of your Supply Chain organization? Rank all that apply from 1 – 5

Question Title

* 10. What are the top focus areas for your Supply Chain post COVID-19. Please rank the importance for each (1 low / 5 high).

	1 - Low Priority				5 - High Priority
Focus on workforce planning	Focus on workforce planning 1 - Low Priority	Focus on workforce planning	Focus on workforce planning	Focus on workforce planning	Focus on workforce planning 5 - High Priority
Focus on Tier 1 supplier risk	Focus on Tier 1 supplier risk 1 - Low Priority	Focus on Tier 1 supplier risk	Focus on Tier 1 supplier risk	Focus on Tier 1 supplier risk	Focus on Tier 1 supplier risk 5 - High Priority
Illuminate the extended supply network	Illuminate the extended supply network 1 - Low Priority	Illuminate the extended supply network	Illuminate the extended supply network	Illuminate the extended supply network	Illuminate the extended supply network 5 - High Priority
Understand and activate alternate sources of supply	Understand and activate alternate sources of supply 1 - Low Priority	Understand and activate alternate sources of supply	Understand and activate alternate sources of supply	Understand and activate alternate sources of supply	Understand and activate alternate sources of supply 5 - High Priority
Update inventory policy and planning parameters	Update inventory policy and planning parameters 1 - Low Priority	Update inventory policy and planning parameters	Update inventory policy and planning parameters	Update inventory policy and planning parameters	Update inventory policy and planning parameters 5 - High Priority
Focus on production scheduling agility	Focus on production scheduling agility 1 - Low Priority	Focus on production scheduling agility	Focus on production scheduling agility	Focus on production scheduling agility	Focus on production scheduling agility 5 - High Priority
Evaluate alternative outbound logistics options and capacity	Evaluate alternative outbound logistics options and capacity 1 - Low Priority	Evaluate alternative outbound logistics options and capacity	Evaluate alternative outbound logistics options and capacity	Evaluate alternative outbound logistics options and capacity	Evaluate alternative outbound logistics options and capacity 5 - High Priority
Conduct global scenario planning	Conduct global scenario planning 1 - Low Priority	Conduct global scenario planning	Conduct global scenario planning	Conduct global scenario planning	Conduct global scenario planning 5 - High Priority

Question Title

* 11. Considering the business value of optimized inventory data in your organization. What best describes your current COVID-19 situation?

We’re able to clearly identify the value

We’re working on determining the value of optimized inventory data

We do not manage our inventory data

Question Title

* 12. What are the most prevalent causes of poor inventory data within your organization? (select all that apply)

Poor data quality

Insufficient capabilities to manage with technology

Insufficient support from executive management

Lack of organizational alignment

Lack of defined inventory policies

Disparate silos of materials data

Inadequate skill/training at the plant level

Human error

Question Title

* 13. How important is Indirect Material Management to your organization during the COVID-19 pandemic?

Critically important: Data is core to our business with formal strategies

Important: We recognize the value of data, but are not formal in our governing policies

Not very important: Some groups benefit, but there is little enterprise-wide effort

Question Title

* 14. From your perspective and the impact of COVID-19, what are the key benefits of Materials Management? Please rank the importance for each (1 low / 5 high).

	1 - Low Priority				5 - High Priority
Improved working capital	Improved working capital 1 - Low Priority	Improved working capital	Improved working capital	Improved working capital	Improved working capital 5 - High Priority
Reduced Operating costs	Reduced Operating costs 1 - Low Priority	Reduced Operating costs	Reduced Operating costs	Reduced Operating costs	Reduced Operating costs 5 - High Priority
Improved Data Quality	Improved Data Quality 1 - Low Priority	Improved Data Quality	Improved Data Quality	Improved Data Quality	Improved Data Quality 5 - High Priority
Better asset management utilization	Better asset management utilization 1 - Low Priority	Better asset management utilization	Better asset management utilization	Better asset management utilization	Better asset management utilization 5 - High Priority
Prevention of over-stocks	Prevention of over-stocks 1 - Low Priority	Prevention of over-stocks	Prevention of over-stocks	Prevention of over-stocks	Prevention of over-stocks 5 - High Priority
Reduction of “over-procurement” (rogue purchases)	Reduction of “over-procurement” (rogue purchases) 1 - Low Priority	Reduction of “over-procurement” (rogue purchases)	Reduction of “over-procurement” (rogue purchases)	Reduction of “over-procurement” (rogue purchases)	Reduction of “over-procurement” (rogue purchases) 5 - High Priority
Stock transfer optimization	Stock transfer optimization 1 - Low Priority	Stock transfer optimization	Stock transfer optimization	Stock transfer optimization	Stock transfer optimization 5 - High Priority
Improved supplier management	Improved supplier management 1 - Low Priority	Improved supplier management	Improved supplier management	Improved supplier management	Improved supplier management 5 - High Priority

Question Title

* 15. As the COVID-19 pandemic unfolded, which of the following applies to your organization regarding Indirect Material data management?

We had no formal indirect material (MRO) optimization process

We implemented Indirect material optimization processes periodically as part of “one-time” data cleanup efforts.

We have ongoing inventory optimization processes for some key material assets.

We have ongoing inventory optimization processes for all key material assets.

Question Title

* 16. Describe your organizations Indirect Material optimization maturity curve prior to COVID-19.

Poor

Good

Very Good

Excellent

Question Title

* 17. Which of these strategic digital Supply Chain initiatives does your organization plan to adopt in 2020-2021 as part of building a more resilient/reduced risk supply chain? Please rank the importance for each (1 low / 5 high).

	1 - Low Priority				5 - High Priority
Data cleanse of Inventory data	Data cleanse of Inventory data 1 - Low Priority	Data cleanse of Inventory data	Data cleanse of Inventory data	Data cleanse of Inventory data	Data cleanse of Inventory data 5 - High Priority
De-duplication of materials data	De-duplication of materials data 1 - Low Priority	De-duplication of materials data	De-duplication of materials data	De-duplication of materials data	De-duplication of materials data 5 - High Priority
Data migration of materials data (centralize view of all Materials data)	Data migration of materials data (centralize view of all Materials data) 1 - Low Priority	Data migration of materials data (centralize view of all Materials data)	Data migration of materials data (centralize view of all Materials data)	Data migration of materials data (centralize view of all Materials data)	Data migration of materials data (centralize view of all Materials data) 5 - High Priority
Direct Materials Inventory Optimization	Direct Materials Inventory Optimization 1 - Low Priority	Direct Materials Inventory Optimization	Direct Materials Inventory Optimization	Direct Materials Inventory Optimization	Direct Materials Inventory Optimization 5 - High Priority
Indirect Materials Inventory Optimization	Indirect Materials Inventory Optimization 1 - Low Priority	Indirect Materials Inventory Optimization	Indirect Materials Inventory Optimization	Indirect Materials Inventory Optimization	Indirect Materials Inventory Optimization 5 - High Priority
Supplier consolidation	Supplier consolidation 1 - Low Priority	Supplier consolidation	Supplier consolidation	Supplier consolidation	Supplier consolidation 5 - High Priority
Centralization of Indirect Materials = Central Hub strategy	Centralization of Indirect Materials = Central Hub strategy 1 - Low Priority	Centralization of Indirect Materials = Central Hub strategy	Centralization of Indirect Materials = Central Hub strategy	Centralization of Indirect Materials = Central Hub strategy	Centralization of Indirect Materials = Central Hub strategy 5 - High Priority

Question Title

* 18. What were/are the biggest challenges to establishing an Indirect Materials Optimization strategy with the added COVID-19 challenges? (select all that apply)

Lack of resources

Lack of clean data

Unable to prove value (too costly/time consuming to get data right)

Not seen as important by management

Lack of data quality focus historically

Question Title

* 19. Which of the following best applies to your organization regarding Indirect (MRO) Materials optimization?

We have no optimization technologies. The knowledge exists with field personnel.

We use common productivity tools (i.e. excel) to implement MRO materials optimization.

We have developed some in-house technologies to assist in our optimization of Indirect Materials.

We use the capabilities included in other enterprise applications (ie. ERP/EAM) to implement inventory optimization. (but not data quality)

We have invested in a dedicated inventory optimization platform focused on improving data quality and materials optimization.

Question Title

* 20. How long do you perceive that a trusted inventory optimization platform would take to implement, across the enterprise, assuming all data had to be cleaned and structured?

1 month

3 months

6 months

9 months

12 months +

Question Title

* 21. What best applies to your organization’s approach to digitizing your MRO inventory optimization?

3rd party consultants

3rd party service organizations that “clean data” offshore

Inventory Optimization platform without data cleanse

Inventory Optimization tools that include AI technology for data quality coupled with Inventory Optimization

Question Title

* 22. What is your preferred delivery approach of technology solutions?

On-premise

Cloud / SaaS

Outsourced

STATE OF SUPPLY CHAIN INVENTORY MANAGEMENT 2020Priorities for building a resilient Supply Chain amidst COVID-19

Question Title

* 1. Name

Question Title

* 2. Job Role

Question Title

* 3. Job Level

Question Title

* 4. Industry

Question Title

* 5. Country

Question Title

* 6. Organization Size

Question Title

* 7. Supply Chain Maturity Curve (1 lowest, 5 highest)

Question Title

* 8. Describe your Supply Chain’s readiness at the time of the COVID shelter-in-place mandate

Question Title

* 9. At the onset, and its first 60 days of the COVID-19 pandemic, what have been the top priorities of your Supply Chain organization? Rank all that apply from 1 – 5

Question Title

* 10. What are the top focus areas for your Supply Chain post COVID-19. Please rank the importance for each (1 low / 5 high).

Question Title

* 11. Considering the business value of optimized inventory data in your organization. What best describes your current COVID-19 situation?

Question Title

* 12. What are the most prevalent causes of poor inventory data within your organization? (select all that apply)

Question Title

* 13. How important is Indirect Material Management to your organization during the COVID-19 pandemic?

Question Title

* 14. From your perspective and the impact of COVID-19, what are the key benefits of Materials Management? Please rank the importance for each (1 low / 5 high).

Question Title

* 15. As the COVID-19 pandemic unfolded, which of the following applies to your organization regarding Indirect Material data management?

Question Title

* 16. Describe your organizations Indirect Material optimization maturity curve prior to COVID-19.

Question Title

* 17. Which of these strategic digital Supply Chain initiatives does your organization plan to adopt in 2020-2021 as part of building a more resilient/reduced risk supply chain? Please rank the importance for each (1 low / 5 high).

Question Title

* 18. What were/are the biggest challenges to establishing an Indirect Materials Optimization strategy with the added COVID-19 challenges? (select all that apply)

Question Title

* 19. Which of the following best applies to your organization regarding Indirect (MRO) Materials optimization?

Question Title

* 20. How long do you perceive that a trusted inventory optimization platform would take to implement, across the enterprise, assuming all data had to be cleaned and structured?

Question Title

* 21. What best applies to your organization’s approach to digitizing your MRO inventory optimization?

Question Title

* 22. What is your preferred delivery approach of technology solutions?

STATE OF SUPPLY CHAIN INVENTORY MANAGEMENT 2020
Priorities for building a resilient Supply Chain amidst COVID-19