Supplier failure ‘a major concern’ for manufacturers

Posted on 26 May 2009 by The Manufacturer

Research from The Economist suggests failure of suppliers’ businesses is the number one concern for manufacturers when it comes to the resilience of their supply chains, ahead of reduced access to capital, protectionism fears and cost volatility.

The Economist Intelligence Unit – part of the group which publishes the Economist magazine – says in its Manufacturing Confidence report that this reflects the sector’s heightened fear of corporate defaults. Nearly two-thirds (63%) of manufacturers surveyed say the collapse of suppliers would have an immediate impact on their business. In other findings, despite bleak…

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