Up to $4 Trillion in Revenue May Have Evaporated in Supply Chain Disruptions

According to a new report, “Cost of Supply Chain Disruption”, while COVID-19 has been a significant disruptive factor, it was only one of the forces that strained and occasionally broke supply chains. US firms in particular have been beset by a variety of problems amidst a U.S.-China trade dispute. The report was released by GEP, a supply chain software provider, based on a survey of C-suite executives at European and U.S. global companies, and was conducted by The Economist Intelligence Unit (EIU).