Pandemic Hurricanes Strain Global Supply Chains
The combination of the pandemic and an active storm season poses serious challenges to global supply chains. The report recommends that companies map their supply chains, assess risks, and develop plans to enhance supply chain resilience. This includes identifying vulnerabilities, diversifying sourcing, and building buffer stocks. Proactive measures are crucial to mitigating disruptions and ensuring business continuity in the face of these compounding threats. Strengthening communication with suppliers and customers is also essential for effective risk management and rapid response.
