Extreme weather, factory fires drive supply-chain disruptions

11/27/2018 6:14:00 AM

Source: Business Insurance

Data from U.S.-based IT services firm Resilinc Corp. showed that 1,069 supply-chain disruptions occurred globally in the first half driven by extreme weather, factory fires and mergers and acquisitions, Supply Chain Dive reported. The data showed that more than 300 disruptions directly affected businesses’ continuity of supplies. Several companies are also considering alternative locations for production and sourcing following a rise in tariffs.