Supply Chain X-Ray Brochure
Supply Risk Mitigation and Profit Improvement
July 14, 2021DownloadsDownload Brochure
If you think of the term “Supply Chain” today, it will likely evoke a response fraught with frustration.
These are unprecedented times in the amount of disruption industry supply chains have seen — both in terms of the magnitude of uncertainty as well as the duration. Initiated by the complete shutdown of global supply chains with the onset of the COVID-19 pandemic, the disruptions have persisted — exacerbated by a sequence of unpredictable and largely unrelated events — and have created raw material shortages and supply cost escalations across the board.
At FTI Consulting, we understand your concerns and are here to help navigate these uncertain times. With years of experience and expertise, FTI Consulting’s Automotive and Industrial practice has helped clients steer through numerous crises, mitigate disruptions and build resilient supply chains. With a passionate and compassionate approach — and an unrelenting focus — we’re ready to join hands with you to emerge strong together.
The Issues – Supply Chain Disruptions, Raw Material Shortages and Price Escalation
The multi-pronged supply challenges are expected to continue into 2022 and possibly beyond, posing the potential for continued disruptions and profitability exposure for automotive and industrial companies. Companies are managing it the best they can.
State of Businesses and Supply Chain Challenges
As the world recovers from the COVID-19 pandemic of the last 14+ months, supply chains that were shut down have started opening up but have been unable to meet surging demand.
Other events contributing to the disruptions include semiconductor shortages, scarcities in oil-based and rubber products, transportation capacity shortages, ongoing political unrest and trade negotiations, extreme weather events, etc.