The CIPS Risk Index
Looking back at 2017, John Glen, CIPS Economist said: “Given the threats looming over the global economy, it was a surprise to see overall risk in supply chains improving.”
First launched in April 2014, the CIPS Risk Index, powered by Dun & Bradstreet, is a composite indicator of pressures acting upon supply chains globally. The Index analyses the socio-economic, physical trade and business continuity factors contributing to supply chain risk across the world, weighting each score according to that country’s contribution to global exports.
It looks like the economy in North America is set to experience an uplift as labour market resilience strengthens, new business-friendly tax laws contribute to near-term growth, businesses look to expand their operations, create more jobs and release the squeeze on wage growth.
The political risk indicator for the US, however, is stuck on amber; across the aisle cooperation is likely to be limited ahead of the mid-term elections, while the evolving stance of US trade policy towards its partners could add to uncertainty.
Read the summary global report.
Are you getting the salary you deserve?
The CIPS/Hays Procurement Salary Guide and Insights 2018 reports have revealed the growing importance of procurement, demonstrated by factors such as increasing salaries and bonuses, and a growing belief that procurement is valued by organisations.
CIPS has partnered with global specialist recruitment group Hays for several years now, to provide insight into the key trends and issues impacting on the procurement and supply chain profession. Read the insight statement on North America and the other regional reports.