Institute for Supply Management is closely monitoring the impact of the coronavirus outbreak on supply management. As your professional association, we know in times like these, we are stronger together.
This page is a centralized resource to gather news, resources and upcoming events centered on information you should know and education and research you can access on mitigating the risks impacting the supply chain today. We also invite you to join in the conversation and share your experience and questions through our social channels or by connecting with us at firstname.lastname@example.org.
Of respondents reported longer lead times in China (up 8% over February).
NEW: 74% see longer lead times in Europe and between 34-44% from North American countries.
Up from 8% of respondents report an impact to operations in the first half of the year.
NEW: April is expected to be especially challenging with 39% reporting a severe impact.
Reduction in target revenue, down an additional 16% over February.
NEW:Only 1/6th of respondent pool reported decreasing revenue targets in February, while in March almost half reported negative impact to revenue.
Reduction in demand for products.
NEW: Some industries increasing revenue targets include Food, Beverage & Tobacco Manufacturing (+8.8%), Wholesale Trade (+0.3%), and Management of Companies & Report Services (+17.5%). Significant demand is hitting Health Care & Social Assistance (+50%) even as they adjust their revenue target -30%.
Gain greater visbility and transparency into your existing supply chains.
- Templates and models to help quickly assess risk
- Recommended strategies toa lign with action plans
- Resource guides to keep you up-to-date and informed
- And more!
CORONAVIRUS IMPACT ON SUPPLY CHAIN
In the News
Fast fashion giant Boohoo ignored red flags over working conditions among suppliers and often has 'no idea where its clothes are being made,' an independent review found
September 25, 2020
How the pandemic is changing supply chain education
September 22, 2020
Coronavirus Survey Shows American Life Is Far From 'Normal'
September 21, 2020
March 05, 2021Articles
March 03, 2021Articles
March 02, 2021Articles