IT risk in Supply Chain

From being an enabler to being the differentiator, IT in supply chain is at a point where it is considered a risk if not properly managed.
A research paper by Zurich based insurance groups across 71 countries highlights the lack of visibility especially one level below the immediate supplier. The high costs associated with this are also detailed inclusing the fact that 9% have experience disruptions of more than 1 Mn. euro from a single event. Other than the As per the report 'The key issue for those in the industry is that 62% of respondents felt that top management commitment to managing the supply chain is inconsistent or totally lacking'
http://www.zurich.com/media/newsreleases/2013/2013-1106-01.htm