The Top Retail Sectors Most Impacted by the Suez Canal Blockage Include…

According to a report by Dun & Bradstreet, which said that the disruption will have continued ramifications for global supply chains in the week to come as global trade resumes, goods start to be unloaded at destination ports and suppliers look to replenish shortfalls in essential materials that threatened downstream production and manufacturing of consumer goods.

The disaster of the moment becomes a global phenomenon because it is yet another reminder of the interconnectedness that comes with globalization, noted Brian Alster, general manager, third-party risk & compliance, Dun & Bradstreet

“Companies have developed a higher level of dependency on suppliers and third parties from other countries, and that dependency is highlighted when a link in the supply chain is impacted,” he explained. “The Suez Canal incident gives us yet another reason for businesses to invest in data and technology to create an agile, geographically dispersed supply chain that can quickly pivot during unexpected events.”

- Sponsors -

Based on annual shipping data that tracks the vessels and materials found onboard that travel through the Suez Canal, Dun & Bradstreet data and analytics experts detailed the top 10 US industries most impacted by the recent disruption. These include grocery stores, department stores, auto and home supply stores and hardware stores…  CSA

Stay Updated

Get critical information for loss prevention professionals, security and retail management delivered right to your inbox.