It’s an understatement to say that supply chains were heavily impacted by disruptions in 2020. And not just by COVID-19 either — natural disasters, cybersecurity threats, trade disputes and more all took their toll on global supply chains.
As businesses continue to rebound from those impacts, The Economist surveyed 400 senior supply chain and procurement leaders to determine the ultimate cost. The results are illuminating.
The Economist’s new report — The Business Costs of Supply Chain Disruption — goes in depth on how businesses adapted to new challenges, where they felt the greatest impact and what the long-term effects are likely to be.
- The biggest disruptions to supply chains, and how market leaders responded
- Impacts to enterprises beyond the bottom line
- Expert opinions on how organizations need to change to weather future disruptions
This is a detailed dive into how companies reacted to recent challenges and the strategies they’re using to prepare for future ones. For leaders who want to build resilience for their firms, it’s a must-read report.