Article at a glance:

Understanding supply chain risk: A McKinsey Global Survey

• Almost two-thirds of respondents to McKinsey's latest global survey say the risks to their supply chain have increased over the past five years.
• The most frequently cited concern is the availability of high-quality labor.
• A significant number of executives say their company doesn't spend enough time or resources on mitigating risk.
• Nearly one-quarter say their company does no formal risk assessment, and almost half lack company-wide standards to help mitigate risk.