A total of 8,197 supply chain disruptions were recorded by Resilinc across all industries from January 2023 to June 2023, a 3% year-on-year increase, indicating the supply chain is stabilizing, the company said.
Labor disruptions were one of the biggest disturbances during the first half of 2023, up 136% compared to the first half of 2022, including strikes, layoffs, labor protests and more. Factory fires were found to be the leading supply chain disruption with 1,642 instances taking place through the first half of 2023, a 20% year-on-year decline.
The ten biggest disturbances reported during the first half of 2023 were factory fires, mergers & acquisitions, business sales, leadership transitions, factory disruptions, legal actions, labor disruptions, cyber-attacks, port disruptions and recalls. Resilinc said that the healthcare, high-tech, automotive, aerospace, and food & beverage industries faced the brunt of the impact that came from the reported disruptions.