📊Executive Summary

The COVID-19 outbreak in China has significantly disrupted global supply chains, particularly affecting manufacturing sectors reliant on Chinese suppliers. The shutdown of factories has led to longer lead times and supply shortages, with nearly 60% of companies reporting delays in receiving orders. The article highlights the urgent need for companies to diversify their supply chains to mitigate risks associated with over-reliance on single-country sourcing. As the situation evolves, industries such as electronics and automotive are expected to face increasing challenges in sourcing components, with potential long-term impacts on inventory and production capabilities....