A&D COVID Resilience Report: The Impact of COVID-19 on Supply Chains and How Businesses are Preparing for the Next Shock

April 12, 2021
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Pandemic A&D Supply Chain Risk, Disruption, and Resilience: A Report

Interos’ 2020 survey on the impacts of COVID-19 found that more than 90% of companies expect the disruption of global supply chains caused by the pandemic will have long-lasting effects on their businesses.

Nearly every one of the 450 senior decision-makers in the United States who took the survey (98%) said their organization’s supply chain was disrupted. Their organizations grappled with shortages, demand reduction, price swings, and other upheaval in their supply chains due to the pandemic. More than 90% are concerned that future waves of infections will have similar consequences.

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The Impact of COVID-19 on Supply Chains and How Businesses are Preparing For the Next Shock.

 

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Ensure Operational Resilience

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Build operational resiliency into your extended supply chain:

  • 889 compliance – ensure market access
  • Data sharing with 3rd parties and beyond – protect reputation
  • Concentration risk – ensure business continuity
  • Cyber breaches – assess potential exposure
  • Unethical labor – avoid reputational harm
  • On-boarding and monitoring suppliers – save time and money