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Regulatory changes, food fraud, and the ongoing effects of COVID-19 are the primary causes of supply chain disruptions, according to new BSI report
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BSI Assessment Details Global Impact of COVID-19 Lockdowns to Supply Chains
Cargo thefts increased, and the goods targeted shifted to match the newly high-demand products like PPE and medical devices and supplies.
December 17, 2020
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BSI released its 2020 assessment on the global impact COVID-19 lockdowns had on supply chains and predictions for how it will impact the year ahead. BSI’s team of experts analyzed a year of data via their proprietary supply chain intelligence platform, SCREEN, which provides insight into global supply chain security, business continuity, food safety and fraud, and corporate social responsibility threats and trends in real-time.
“Throughout 2020, the entire world felt the impact of COVID-19 as the flow of goods was dramatically impacted due to widespread supply chain disruptions,” said Jim Yarbrough, Global Intelligence Program Manager at BSI. “The threats that COVID-19 presented to supply chain security, continuity, and resi