According to the Sourcing Journal, a majority of procurement executives indicated “significant disruption” in their raw materials supply chains, with 67 percent saying the technology solutions they currently use are not likely to be able to handle the headwinds expected over the next three years.

The survey was commissioned by Ivalua, a Redwood City, Calif. cloud-based company that helps businesses manage their spending and supplier base.

UBS analyst Chris Snyder said in a note released this month the continued challenges to the supply chain could drive U.S. reshoring.

“We think the continued disruption supports our call that the pandemic could serve as a catalyst for U.S. reshoring and broader investments in supply chain resiliency,” Snyder said in his note, which also pointed to investment in automation as another way companies might bolster their supply chains in the longer term. “Our view is that the benefit of outsourcing is in structural decline (cheaper labor) and the cost is more apparent than ever (supply chain risk), tilting the scales in favor of domestic production.”

Investment bank Carl Marks Advisors and SupplyChainBrain’s survey of 107 supply chain executives, released Monday, found companies are holding more inventory, diversifying their supplier base and routing cargo to less congested ports as means of managing through issues.

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