Through my daily research and conversations with people from North America, Europe and Asia, I have compiled qualitative and quantitative information about what’s really going on with supply chains amid the current COVID-19 pandemic. Here’s an unscientific look at the top 10 issues facing supply chain leaders around the world today.

  1. All supply chains are disrupted, with 90% experiencing performance issues and 10% due to increased demand among grocery stores, drug stores and e-commerce.
  2. All supply chains are having trouble synchronizing supply to demand. Both supply reliability and accuracy of demand are issues.
  3. Over 90% of supply chain leaders are concerned about their own production, warehousing and/or transportation performance.
  4. Over 80% of supply chain leaders are concerned with the performance of their suppliers.
  5. Approximately 40% of supply chain leaders felt they were not well prepared for COVID-19 and wish they had done a better job planning for both internal and external disruptions.
  6. After experiencing the impacts of COVID-19, over 80% of supply chain leaders say they will improve and increase planning efforts to minimize internal and/or external disruptions.
  7. Over 90% of supply chain leaders say they are going to invest more time in supplier relationships and planning for disruptions.
  8. Over 90% of supply chain leaders have reviewed and/or enhanced health measures within their operations.
  9. Approximately 10% of companies are concerned about their suppliers’ health and are paying them early, while 20% of companies are conserving cash by paying their suppliers late.
  10. Over 80% of supply chain leaders are uncertain about the future and are apprehensive about the upcoming “new normal.”

How do you compare with this list? Check out our COVID-19 Resources to learn more about the impacts of the coronavirus pandemic or visit our newsroom to stay up to date on our latest news.

About the Author
Jim Tompkins
Jim Tompkins

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