Page 5 - Special Report on the Impact of Covid-19 on Supply Chain

Take Aways
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To determine the impact of COVID-19
outbreak on supply chain, the Ameri-
can Chamber of Commerce in South China
conducted a study of 237 random companies
from March 9 to14, 2020. As in the past,
American companies make up just over half
while EU, Mainland China and other APEC
countries represent the remaining partic-
ipants. Multinational companies make up
nearly half of the companies in the study and
manufacturers represent 76% of the total.
?? Nearly one third of the companies in
the study are facing components, supplies or
material shortages, with 15% of them report-
ing to have already run out of components,
supplies or material.
?? 80% of the companies believe the prob-
lems will last between one to three months.
?? 100% of respondents are experienc-
ing some impact on their operation due to
disruptions in the supply chain.
?? Some Multinationals have had to post-
pone their product release affecting tens of
thousands of employees globally.
?? With 18% of the shortage of compo-
nents, supplies or material being attributed
to US, EU, and APEC countries (other than
mainland China), the job losses in those
countries as a result of disruption in the sup-
ply chain will be substantial.
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