What is happening: The number of supply chain disrupting events between January and June this year reached record highs. 1,069 global events were recorded by Resilinc.
Disruption: In North America, the most frequent disruption was mergers and acquisitions. This was followed by factory fires and extreme weather. With 41 separate cases, weather was the hardest hitting disruption event globally, factory fires were the most frequent.
What did Resilinc CEO Bindiya Vakil say: “2018 has been a difficult year for global companies due to ongoing operational challenges that have curtailed growth plans and negatively impacted margins.”