article thumbnail

Survey: Manufacturing Bosses Stepping Up Supply Chain Resilience as Pandemic Response

DRI Drive

As a response, CEOs in the manufacturing sector are taking active steps to mitigate their supply chain risks. The Global Manufacturing Prospects 2022 report from accounting firm KPMG surveyed 150 CEOs in manufacturing worldwide. Based on their responses, two […].

article thumbnail

Supply Chain: Chinese Sourcing Among the Big Risks of 2023

DRI Drive

If you needed a reminder that the pandemic hasn’t gone away, COVID-19 disruptions continue to plague China-based suppliers. Analytics firm Everstream’s annual risk report gave a 90% risk score to the possibility of delays and cancellations from Chinese manufacturers, highlighting the continuing COVID-19 disruptions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

OUR CHALLENGE

Emergency Planning

He then outlined in perfect detail exactly what would happen during a viral pandemic, including the medical, economic, social, behavioural and psychological consequences. I taught pandemic preparedness on the basis of his example for the next 12 years. Then it came to pass. Therein lies a huge challenge for all of us.

article thumbnail

The Risks that Manufacturing Firms are Facing and the Impact that Follows

Fusion Risk Management

The reach and criticality of global manufacturers impacts almost everyone. Manufacturers are responsible for sourcing and producing life-sustaining food, medicine, commodities, and goods that we rely on. Additionally, operating in a global environment leaves manufacturers vulnerable to the results of geopolitical tensions.

article thumbnail

Ep. 06- Driving BC from the top during COVID | Sheeba Philip

The Failover Plan Podcast

With both manufacturing operations in Uganda, Africa, and retail and operational activities in Texas, Sheeba has to shift immediately into business continuity mode without any formal training or plan. 6:40min- When she and Akola begin to feel the impacts of the pandemic. Key Points: 2:09min- Intro to our guest - Sheeba CEO of Akola.

Retail 130
article thumbnail

State of the Nation - a UK Perspective on Covid-19

Emergency Planning

Since the start of the crisis, I have constantly affirmed that the key to understanding the effects of this pandemic is the UK Government's failure to give adequate weight to emergency planning and management (Alexander 2020a, 2020b). The scenario for this pandemic (excluding the recovery) was fully formulated over the period 2003-2009.

article thumbnail

Foresight

Emergency Planning

It can signify a means of diversifying assets so as to optimise the way they can be used to exploit people, for example, by shifting manufacturing production to places where wages can most easily be suppressed. Moreover, the Coronavirus pandemic has been widely used as a pretext for curtailing human rights.