Supply chain is stabilizing, says company that tracks disruptions
July 17, 2023
Resilinc says factors contributing to 3 percent increase in issues included factory fires, leadership transitions, legal action, labor disruptions and cyberattacks.
The year-to-year increase in supply chain disruptions is slowing, according to Resilinc, a Milpitas, Calif., company that provides data regarding supply chain trends and risks to manufacturers and other clients.
In the first half of 2023, Resilinc saw a 3 percent year-over-year increase in supply chain disruptions — a significant slowdown in issues following a period defined by the COVID-19 pandemic, backups along shipping ports and other problems.
According to Resilinc, the sectors most affected by disruptions in the first half of 2023 included the healthcare, high-tech, automotive, aerospace, and food and beverage industries. The issues causing the most disruptions in that timeframe included: factory fires; mergers and acquisitions, business sales; leadership transitions; factory disruptions; legal action; labor disruptions; cyberattacks; port disruptions; and recalls.