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By Sharon Lindstrom - Global Leader, Manufacturing and Distribution Industry Practice, ProtivitiBy the numbers: Overall, organizations today spend an average of 30% of their IT budgets on and invest a fifth of their IT human resources in technical debt management.
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Supply chain risk is the dominant issue for the Manufacturing and Distribution industry group in 2022 and 2031 – but there’s moreMassive disruptions in the global supply chain. Challenges in attracting and retaining talent to address needs all across the enterprise. COVID-19 variants. Cyber attacks and ransomware. Wildfires and flooding.
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Well, it looks like a recession is coming. Or maybe it's not. Or maybe it is. It seems like it's been a long wait for the other economic shoe to drop. And in the meantime, many questions are arising around managing costs in organizations.
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Sharon Lindstrom, Managing Director and Global Leader of Protiviti’s Manufacturing and Distribution industry group, comments on short- and long-term trends in the market based on research from Protiviti's 2023 Top Risks Survey.
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Well, it looks like a recession is coming. Or maybe it's not. Or maybe it is. It seems like it's been a long wait for the other economic shoe to drop. And in the meantime, many questions are arising around managing costs in organizations.