We use cookies to provide you with a better experience. By continuing to browse the site you are agreeing to our use of cookies in accordance with our Cookie Policy.
  • INDUSTRY PRESS ROOM
  • SUBMISSIONS
  • MEDIA FILE
  • Create Account
  • Sign In
  • Sign Out
  • My Account
Free Newsletters
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
  • MAGAZINE
    • Current Issue
    • Archives
    • Digital Edition
    • Subscribe
    • Newsletters
  • STRATEGY
  • GLOBAL
  • LOGISTICS
  • MANUFACTURING
  • PROCUREMENT
  • VIDEO
    • News & Exclusives
    • Viewer Contributed
    • CSCMP EDGE 2022 Startup Alley
    • Upload your video
  • PODCAST ETC
    • Podcast
    • White Papers
    • Webcasts
    • Events
    • Blogs
      • Reflections
      • SCQ Forum
    • Mobile Apps
Home » Survey: Supply chain recovery on the way

Survey: Supply chain recovery on the way

Data show nearly a third of supply chain professionals say it will take six to 12 months for the global supply chain to be back at full capacity following coronavirus disruptions—but concerns linger over virus data, vaccine efforts.

Supply chain recovery on the way, survey shows
October 26, 2020
Supply Chain Quarterly Staff
No Comments

Nearly a third of supply chain professionals in the medical device industry say it will take just six to 12 months for global supply chains to recover from Covid-19 disruptions, and another 20% say it will take 12 months to two years, according to a study by electronics industry technology provider Supplyframe.

The survey of 200 supply chain professionals who work for medical device manufacturing companies revealed optimism about a recovery and the ability for U.S. supply chains to distribute a potential coronavirus vaccine; it also showed that concerns linger about data accuracy related to the virus as well as potential surge-related delays and product shortages throughout the supply chain.

“The supply chain has experienced delays in manufacturing, shortages in supply, and logistics problems due to travel restrictions,” Supplyframe CEO Steve Flagg said in a statement announcing the survey’s findings. “But most supply chain professionals believe the U.S. will have the equipment it needs to create and deliver a Covid-19 vaccine within a year of its approval. However, our research points to the many current and potential challenges the nation faces related to vaccinations, testing, and equipment availability. And it highlights the importance of data accuracy and intelligence.”

Some of the survey’s key findings include: 

  • 66% said they believe that if a vaccine is approved for use in the United States, the necessary medical equipment will be available to produce and distribute the vaccine at scale within one year. But as the pandemic drags on, 19% said they don’t think the U.S. will produce a vaccine fast enough and 16% said vaccine distribution in the U.S. is too onerous. Some said they expect too many Americans to refuse the vaccine. 

  • 82% of survey respondents said they worry about how tariffs on China will impact personal protective equipment (PPE) and medical devices. Thirty percent said U.S. manufacturing capacity needs to grow; more than a quarter (26%) said such medical gear will be harder to source; and  20% said they expect that there will be continued product shortages.

  • Nearly all respondents (92%) emphasized the importance of accurate Covid-19 case data to correctly forecast demand requirements and inform manufacturing efforts. Yet 84% expressed worries about how Covid-19 case data is being collected and reported in the U.S., with 44% indicating they have concerns about inaccuracies from Covid-19 testing.

Marketing firm Conceptial, Inc. conducted the survey on behalf of Supplyframe in August and September.

Logistics Covid-19 Coverage
KEYWORDS Supplyframe
  • Related Articles

    Peak season to test retooled supply chains

    Contactless shopping, free returns, and a smooth delivery process rule the day this holiday season

    Improving ‘digital dexterity’ in your workforce

Recent Articles by Supply Chain Quarterly Staff

Freightos completes plan to go public on NASDAQ exchange, raises $80 million

Retailers lose visibility as they outsource last-mile delivery, FarEye says

WiseTech buys New Hampshire drayage and trucking visibility software firm for $230 million

You must login or register in order to post a comment.

Report Abusive Comment

Most Popular Articles

  • Forecasts call for freight rate slumps in 2023

  • Projected U.S. recession in early 2023 will soften freight market

  • Inflation drops again as interest rate hikes hit home, NRF says

  • How to avoid the next crisis: A new approach to supply chain agility

  • Five levers to build a resilient supply chain

Featured Video

20221107korber large vs

Enhancing Customer Experience with Your Supply Chain Strategy

Viewer Contributed
With the rise of e-commerce, many businesses have had to transform their warehouses to handle online orders in addition to regularly scheduled inventory shipments. This means warehouses need more information than ever before to ensure they can meet customers' needs. As a result, companies need to select warehouse...

FEATURED WHITE PAPERS

  • Guide to Pallet Rack Safety

  • 3PLs: Complete Orders Faster with Flexible Automation

  • A shipper's guide to navigating post-pandemic holiday freight

  • THE NEW WAY TO WAREHOUSE: 4 Innovations in Automation & Robotics to Boost Warehouse Productivity

View More

Subscribe to Supply Chain Quarterly

Get Your Subscription
  • SUBSCRIBE
  • E-NEWSLETTERS
  • ADVERTISING
  • CUSTOMER CARE
  • CONTACT
  • ABOUT
  • STAFF
  • PRIVACY POLICY

Copyright ©2023. All Rights ReservedDesign, CMS, Hosting & Web Development :: ePublishing