Coronavirus Resource Center

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 today. 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@instituteforsupplymanagement.org.

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ISM Research Says...

A second round of research around the impact of COVID-19 on supply chain was conducted between March 17-30th with more than 550 respondents from our member and professional community. Below are some of the highlights in comparison to the survey conducted on the same topic in late February.

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86%

Of respondents reported longer lead times in China (up 8% over February).

NEW: 74% see longer lead times in Europe and between 34-44% from North American countries.

28%

Up from 8% of respondents report an impact to operations in the first half of the year.

NEW: April is expected to be especially challenging with 39% reporting a severe impact.

-22%

Reduction in target revenue, down an additional 16% over February.

NEW: Only 1/6th of respondent pool reported decreasing revenue targets in February, while in March almost half reported negative impact to revenue.

-5%

Reduction in demand for products.

NEW: Some industries increasing revenue targets include Food, Beverage & Tobacco Manufacturing (+8.8%), Wholesale Trade (+0.3%), and Management of Companies & Report Services (+17.5%). Significant demand is hitting Health Care & Social Assistance (+50%) even as they adjust their revenue target -30%.

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Coronavirus Impact on Supply Chain

This infographic will give you greater insights into the state of the supply chain and the effects of coronavirus. This information is based off a survey done by Institute for Supply Management® (ISM®) between February 22 and March 5, 2020. The survey included more than 600 respondents and was focused on finding the impact of the coronavirus outbreak in China.

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In the News

Tools & Resources

Articles

Just Released! New White Paper

Download the second wave of research COVID-19 and Supply Chains: Increasing Impacts, Decreasing Revenue, which shows the impacts that supply management organizations face with increasing severity of disruptions to sourcing, supply and talent, as well as declines in manufacturing capacity and revenue.

 

First White Paper

Download the first white paper, Supply Management’s Role in Curtailing the Coronavirus Impact. This white paper covers the impact of the coronavirus outbreak in China on the supply chain. It also includes reactions from thought leaders and practitioners with recommendations on what to do to curb the impact on your organization.

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Join in the Conversation

Use #weareism in your conversations to connect to other ISM community members.