Factory Fires
The Top Supply Chain Disruption
Factory fires are consistently the number one disruption reported, globally. According to Resilinc’s EventWatchAI monitoring platform, in 2021 the number of factory fires was up 129% YOY and 2022 is on track to break 2021’s record. Through Q3 of 2022 we’ve sent more alerts on factory fires than all of 2021. The biggest drivers of the increase are gaps in regulatory and process execution as well as pandemic-induced shortages of skilled labor in warehouses. Data also shows that the automotive and manufacturing industries are the most impacted by factory fires.
In this comprehensive report, with data compiled through Q3 2022, we take a deep dive into the critical issues and challenges associated with factory fires and solutions to mitigate future risks.
Key Insights:
- A year-over-year analysis of factory fire disruption from EventWatchAI – our 24/7 event monitoring platform
- A review of factory fire events globally from 2020 – 2021, including the most common locations and causes
- Case studies regarding the supply chain impacts and risks associated with factory fires
- Best practices to mitigate factory fire risk