Bad weather conditions disrupted more than 50 per of global supply chains during 2011, according to a survey conducted by DHL Supply Chain and the Business Continuity Institute (BCI).
The research, which included more than 500 multinational firms, showed that 51 per cent of supply chains suffered as a direct result of adverse weather, 41 per cent were hit by problems with telecommunications and 21 per cent said that they had suffered some other disruption to their transport network.
Some 49 per cent said that the disruption had cost them in terms of productivity, while 32 per cent reports losses in revenue and 38 per cent stated a raise in their operating costs.
Natural disasters in New Zealand and Japan were felt by 21 per cent of supply chains.
"Risk assessments, and an overall review of the end-to-end supply chain can provide insight and improved visibility, helping minimise potential disruption,” Graham Clark, business continuity management co-ordinator at DHL Supply Chain, told LogisticsManager.com
The findings follow on from a survey the BCI conducted last month on behalf of Zurich, which showed that 85 per cent of supply chains have suffered some level of disruption in the past year.
If you are interested in learning more about
supply chain strategy visit out Services page.
