North American Manufacturers Cite High Level of Supply Chain Risk

From Industry Week: “More than one-third of North American manufacturers, responding to a MFGWatch survey, say they’ve experienced a significant supply chain disruption in the past three months. When asked if they or their customers had experienced a significant supply chain disruption in the past three months, 38% of both buy-side and supply-side manufactures indicated that they had. While more than 50% said their supply chains had been stable, 38% indicates a high level of activity in managing and responding to risk.”

In terms of specific supply chain risks, buy-side OEMs cited material costs (47%) and supplier stability (39%) as the most important issues to their companies. Supply-side manufacturers identified customer stability as the most important issues by a wide margin (82%.) The data also indicate that North American manufacturers are seeing business conditions stabilize. While both audiences say they’ve reduced staff during the past three months (suppliers — 43%, buyers — 28%), they also expect to maintain or add more employees in the coming three months (suppliers — 72%, buyers –75%.)” North American Manufacturers Cite High Level of Supply Chain Risk

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