Resilinc Special Report
Insider's Guide: Q3 Recap and Best Practices for Managing Disruptions
During the third quarter of 2023, global supply chains encountered multiple challenges. These included strikes by the United Auto Workers (UAW), disruptions caused by extreme weather events, forced labor risks, and export bans on critical commodities. Among the top 10 disruptions, recalls, labor disruptions, and cyber-attacks saw the greatest year-over-year increase. Legal action alerts also experienced a 47.43% increase due to the evolving ESG landscape. Meanwhile, semiconductor onshoring and reshoring in the US are facing skilled labor shortages, which are causing production delays, longer lead times, and potential revenue loss for leading chip manufacturers.
In this Resilinc Special Report, we share detailed insights and analysis of key risks affecting the supply chain, potential outlook, and what businesses can do to mitigate these risks.