How Manufacturers Can Navigate the Novel Coronavirus’ Supply Chain Impacts

April 2020

MFG_Coronavirus-Supply-Chain_Insight_3-20_WebHeader-679-(1).jpg
Download PDF Version

The novel coronavirus (otherwise known as COVID-19) crisis has struck a serious blow to the manufacturing industry, which was already battling trade policy turbulence, a slowdown in global manufacturing growth and broader economic uncertainty. The virus’ disruptive impacts are rippling throughout global manufacturing supply chains, particularly in the auto sector. Automakers rely heavily on China for auto parts, and some major automakers have temporarily closed plants in South Korea and Japan due to supply shortages, while others are racing to find alternative sources of supply in Europe or elsewhere. Not all parts can be easily sourced elsewhere, however, and some automakers may not have any other option but to wait out the crisis...

 

READ THE COMPLETE INSIGHT ON BDO.COM