Skip to content
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
  • (408) 883-8053
  • [email protected]
Facebook-f Twitter Linkedin
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Menu
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Resilic Logo
  • Products
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
  • Company
    • About
    • Partners
    • News
  • Contact
Menu
  • Products
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
  • Company
    • About
    • Partners
    • News
  • Contact
Resilic Logo
  • Products
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
  • Company
    • About
    • News
  • Contact
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Menu
  • Products
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
  • Company
    • About
    • News
  • Contact
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Facebook-f Twitter Linkedin
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Menu
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
Resilic Logo
  • Products
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
  • Company
    • About
    • Partners
    • News
  • Contact
Menu
  • Products
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
  • Company
    • About
    • Partners
    • News
  • Contact
  • Products
  • Pricing
  • Resources
    • Learning Center
    • Special Reports
    • Events
  • Company
    • About
    • News
  • Contact
  • Blog
  • Careers
  • Demo
  • Login
  • Customer Hub
  • Blog
  • In the News
  • Press Releases
Menu
  • Blog
  • In the News
  • Press Releases

Home / Press Releases / Factory Fires Up 150% in the First Half of 2021 Contributing to Record-Breaking Supply Chain Disruptions and Supply Shortages

Home / Factory Fires Up 150% in the First Half of 2021 Contributing to Record-Breaking Supply Chain Disruptions and Supply Shortages

RESILINC BLOGS
half-year-report-2021
Sep 28, 2021

Resilinc

2 MIN READ

Resilinc Editorial Team

Factory Fires Up 150% in the First Half of 2021 Contributing to Record-Breaking Supply Chain Disruptions and Supply Shortages

Resilinc half-year data reveals life sciences, healthcare, and automotive industries have been most impacted by disruptions so far this year

Milpitas, CA – September 28, 2021 — Factory Fires, Mergers & Acquisitions, Business Sales, Factory Disruptions, and Leadership Transitions rank as the top five supply chain disruptions in the first six months of 2021, with life sciences, healthcare, and the automotive industry being most impacted. According to data released by Resilinc, the world’s leading supply chain risk monitoring solution, human-caused supply chain disruptions are rising overall, with the amount of factory fires up 150% (when comparing the first half of 2021 to the first half of 2020). This year is on track to have the most factory fires ever reported. The uptick is due mostly to gaps in regulatory and process execution as well as a shortage of skilled labor in warehouses.

The data also reveals that disruptions due to Supply Shortages (semiconductor chips, plastics, cardboard are all examples) were up 638% in the first half of 2021. Resilinc sent out 251 Supply Shortage alerts; this type of disruption ranked 6th in terms of most reported events (behind Leadership Transition). Supply Shortages are driving consolidations, mergers, and business sales as companies look to give a quick cash boost to the core business or optimize the supply chain to best serve the customer base.

In the first half of 2021, almost half (46.5%) of disruptive events occurred in North America, followed by Europe (23.43%), and then Asia (19.45%). In comparison, in the first half of 2020: North America had the most disruptive events; Asia had the second highest; Europe had the third most.

While Human Health disruptions, which include COVID-19 related events, ranked 19th in terms of the number of event alerts in the first half of the year, Resilinc has continued to designate the event as “severe.” It’s the first time in the company’s history ranking an event at that level of impact.

Overall, from January 1 – June 30, 2021, Resilinc sent out 5,425 alerts about potential supply chain disruptions across 39 event categories. Of these potential disruptions, 59% were impactful enough to trigger the creation of a WarRoom—virtual platforms in the Resilinc dashboard where customers and their suppliers communicate and collaborate to assess and resolve disruptions.

Resilinc’s data is gathered from the company’s EventWatch AI, a 24/7 global event monitoring service that contextualizes and analyzes more than 1.7 billion news feeds about potential and existing supply chain disruptions from approximately 4.2 million sources in 100 languages, including daily news, government regulatory reports, and social media. As of January 2021, Resilinc incorporated data from more than 300,000 suppliers, consisting of 620,000 sites and more than 3 million parts and materials purchased by Resilinc customers.

Download the entire Resilinc State of Risk 2021 Half Year Report here.

 

About Resilinc

Resilinc is the world’s leading supply chain monitoring, mapping, and resiliency solution. Over 100 of the world’s leading organizations including IBM, General Motors, Amgen, and Western Digital rely on Resilinc’s AI-powered monitoring service to have visibility into potential supply chain disruption. Resilinc maps the supply chain multiple tiers deep, down to part, supplier and site levels, and exposes bottlenecks deep in sub-tier suppliers. Companies partner with Resilinc to protect revenue despite supply chain disruptions worldwide. For more information, visit us at https://www.resilinc.com.

 

 

 

 

 

Blog detail template

White Paper

China’s Energy Crisis Prompts Widespread Global Supply Chain Disruptions

Download Now

About Resilinc

We’re the world’s leading supply chain monitoring, mapping, and resiliency solution. Over 100k organizations partner with us to take their SCRM programs from reactive to resilient.
Request Demo

Recent Posts

Blume Global and Resilinc Partner to add risk management solution to end-to-end logistics orchestration platform

Resilinc Partners with Snowflake to Deliver AI-Powered Supply Chain Risk Monitoring Capabilities for Snowflake Customers

Resilinc’s Chief Product Officer and Co-Founder, Sumit Vakil, Recognized as a 2022 Pro to Know by Supply & Demand Chain Executive Magazine

Resilinc Announces Four Executive Hires to Support Strategic Growth

Supply Chain Disruptions up 88% in 2021 with Factory Fires Taking Top Spot, Contributing to Record-Breaking Supply Shortages

Resilinc Accelerates Supply Chain Intelligence Offering with the Launch of CommodityWatchAI

Premier Inc. and Resilinc Expand Partnership to Enhance Supply Chain Visibility and Sustainability

Resilinc Launches WeatherWatch AI to Help Companies Combat Disruptions Due to Local Weather Advisories

Recent Press Releases

Loading...
Blume & Resilinc logos
Jun 08, 2022
4 MIN READ

Resilinc editorial team

Resilinc

Blume Global and Resilinc Partner to ...

PLEASANTON, Calif., June 8, 2022 /PRNewswire/ -- Blume Global, a multimodal supply chain orchestration platform that unites end-to-end...
Resilinc Partners with Snowflake to Deliver AI-Powered Supply Chain Risk Monitoring Capabilities for Snowflake Customers
May 11, 2022
2 MIN READ

Resilinc editorial team

Resilinc

Resilinc Partners with Snowflake to D...

Milpitas, CA, May 11, 2022 -- Resilinc, the world’s leading supply chain risk monitoring and mapping solution, has...
Apr 13, 2022
3 MIN READ

Resilinc editorial team

Resilinc

Resilinc’s Chief Product Officer and ...

Award highlights top supply chain executives whose accomplishments enable supply chain competitive advantage MILPITAS, CA– April 13, 2022...
Read All Press Releases

Receive Our Weekly Newsletter

Subscribe
Resilinc Transparent Logo

Most Trusted, Cognitive Supply Chain Risk Management Platform

Products

Blog

Career

  • Eventwatch
  • Riskshield
  • Supplier Capability Assessment
  • R Score
  • Business Continuity
  • CyberSCRM
Menu
  • Eventwatch
  • Riskshield
  • Supplier Capability Assessment
  • R Score
  • Business Continuity
  • CyberSCRM

Company

  • About
  • News
  • Events
Menu
  • About
  • News
  • Events

Resources

  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
Menu
  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars

Follows Us

Facebook-f Twitter Linkedin
Sales: [email protected] Support: [email protected] Call us: (408) 883-8053
Resilinc Transparent Logo

Most Trusted, Cognitive Supply Chain Risk Management Platform

Company

  • About
  • News
  • Events
Menu
  • About
  • News
  • Events

Resources

  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
Menu
  • White Papers & Reports
  • Case Studies
  • On-Demand Webinars
  • Products
  • Blog
  • Careers
Menu
  • Products
  • Blog
  • Careers

Follows Us

Facebook-f Twitter Linkedin
Sales: [email protected]
Support: [email protected] Call us: (408) 883-8053

© 2022 Resilinc Corporation. All rights reserved.

Data Security

Privacy Policy

Resilinc Special Report

Resilinc Special Report: Rare Earth Supply Chain Disruptions: Impacts to the High-Tech Industry

Download Now