44% of supply chain pros have no plan for China supply disruption
Supply Chain Dive | March 11, 2020
Almost 75% of U.S. businesses have experienced supply chain disruption as a result of the COVID-19 outbreak, according to a survey by the Institute for Supply Management (ISM) of 628 individuals conducted between February 22 and March 5. This comes after a survey by Thomas found 60% of North American manufacturers say operations have been affected by the COVID-19 outbreak, based on responses from 755 manufacturing company employees conducted in mid-February. ISM found 57% of respondents had experienced longer lead times for orders sourced from tier-1 suppliers in China. And 44% of respondents do not have a plan to address supply disruptions from China, of which the majority have experienced disruption, according to ISM.