Resilinc conducted a Pandemic Readiness Assessment of global manufacturers. The results underscore the importance of preparing your Supply Chain for pandemics.
27%
of suppliers admit to not having a pandemic readiness program
42%
of supply chains have never tested their pandemic plan in the last three years
75%
of manufacturers reported part shortages in February and March
70%
of manufacturers reported transportation disruptions
45%
reported not being able to deliver products to customers in February and March
6%
of companies were not monitoring the COVID-19 situation as of February 15, 2020; 97% of the companies were monitoring COVID-19 as of March 25.
48%
of supplier regions reported employees with COVID-19 at their sites
35%
of suppliers had employees out as much as two weeks; 16% of suppliers expect employees to be out two weeks and beyond
3.25
weeks was the average disruption impact reported on manufacturing operations, with some manufacturers reporting expected disruptions for a staggering 16 weeks
Source: Resilinc maps the supply chain multiple tiers deep, all the way down to part, supplier and site levels, and exposes hidden failure points deep in sub-tier suppliers. www.resilinc.com