COVID-19 RESOURCE CENTER

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Institute for Supply Management is closely monitoring the impact of the coronavirus outbreak on supply management. As your professional association, we know in times like these, we are stronger together.

This page is a centralized resource to gather news, resources and upcoming events centered on information you should know and education and research you can access on mitigating the risks impacting the supply chain. We also invite you to join in the conversation and share your experience and questions through our social channels or by connecting with us at ask@ismworld.org.

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ISM RESEARCH SAYS...

A fourth round of research around the impact of COVID-19 on supply chain was conducted between December 22, 2020 and January 11, 2021 with more than 770 respondents from our member and professional community. Below are some highlights.

64%

Of respondents reported longer lead times in China (down 13% from May 2020).

68% see longer lead times in Europe and between 40 – 54% from North American countries.

66%

Of respondents say they feel better about the next 12 months overall.

56%

Up from 49% of respondents from May 2020, report holding more inventory than usual.

8.9%

Increase in demand for products.

Revenue expected to increase 10% and CAPEX budgets to increase 7.8%.

WHITE PAPER

Download COVID-19’s Global Impact on Supply Chains, the fourth round of research about the impacts of the pandemic on supply chains. Though supply management organizations are feeling bullish about 2021 with anticipated increases in revenue, CAPEX and demand, there are areas of concern around risk to suppliers, shipping delays and remote work challenges.

 

IMPACT OF THE CORONAVIRUS ON THE GLOBAL SUPPLY CHAIN - ROUND 4 RESEARCH HIGHLIGHTS

Institute for Supply Management® conducted the fourth round of COVID-19 research, surveying more than 770 members and supply chain professionals to understand the influence the pandemic has had on the supply chain and their expectations for 2021. ISM Chief Executive Officer, Tom Derry, reviews research highlights and some key outcomes.

IMPACT OF THE CORONAVIRUS ON THE GLOBAL SUPPLY CHAIN - ROUND 2 RESEARCH FINDINGS

Institute for Supply Management® conducted a survey of more than 600 members and supply chain professionals to understand the impact of the coronavirus outbreak on the supply chain. Tom Derry, ISM Chief Executive Officer, discusses highlights from the survey and some key takeaways for professionals to consider in their risk mitigation planning.

TARIFF TRENDS: A PRECURSOR TO COVID-19 IMPACT ON SUPPLY CHAIN

Institute for Supply Management® CEO, Tom Derry, speaks to the trends showcased in the ISM Report on Business® from spring 2017 to January 2020 and the tactics that organizations took to combat the cost impact to their business. Some of these tactics have relevance in the current environment for diversifying your supply chain to mitigate risk.

IMPACT OF CORONAVIRUS OUTBREAK ON SUPPLY CHAIN

Institute for Supply Management conducted a survey to more than 600 members and supply chain professionals to understand the impact of the coronavirus outbreak in China on the supply chain. Tom Derry, ISM Chief Executive Officer, discusses highlights from the survey and some key takeaways for professionals to consider in their risk mitigation planning.

COVID-19 Round 4 Research: IMPACT TO SUPPLY CHAIN

This infographic will give you greater insights into the top three concerns of supply chain professionals and the effects of coronavirus. This information is based off a survey conducted by the Institute for Supply Management® (ISM®) between December 22, 2020 and January 11, 2021. The survey included more than 770 respondents and was focused on furthering research into the impact of the coronavirus pandemic.

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Coronavirus Outbreak in China: IMPACT TO SUPPLY CHAIN

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Articles

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Pandemic Recovery: Best Practices for Hiring

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While procurement hasn’t been immune to layoffs and furloughs during the coronavirus (COVID-19) pandemic, it hasn’t been hit as hard as other parts of businesses — and top talent within the function continues to be a finite resource in 2020.

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