“Ms Vakil recommended companies prepare for six months of supply chain disruptions. In past crises, she said, overlooked areas such as consumer packaging have played outsized roles in causing shortages”
Companies tend to be aware of their Teir one suppliers (ie their direct supplier) but are largely unaware of their Tier 2 suppliers (that supply to Teir 1).
This means they are unprepared.
This means they are unprepared.
1800 parts originate from Hubei, the epicentre of #CV19 including parts for printed circuit boards used by numerous electronic products.
Thermal components,resins, caps, plastics, sheet metal.
Thermal components,resins, caps, plastics, sheet metal.
70% of Global manufacturers could find themselves without access to crucial parts and materials.
