Are Spanish companies reacting to disruptions

In supply chains? Entry published by Aldea Are Spanish companies reacting to disruptions in supply chains? Entry published by Aldea Global on May on Twitter Share on Facebook Share on LinkedIn Compartment in Google Plus Por Asier Swords Covid-19 highlighted the risks of global supply chains. Many companies found that the lack of components from China or other countries could cause a stoppage in their production process. This concern did not disappear when the strictest confinement measures were eliminated. On the contrary, the increase in demand after the pandemic revealed bottlenecks in many industries and modes of transportation that increased concerns about disruptions to supply chains.

The Russian invasion of Ukraine raised

This concern to a new stage. As I noted in a previous post , the risk of supply chain disruption has already become one of the biggest concerns for global companies. In a work that I have carried out together with Juan de Lucio . Companies are adopting any strategy in response to the growing  Spain Phone Number Data concern about disruptions in supply chains. Our analysis is based on a representative sample of Spanish manufacturing companies that participate in global value chains. These are companies that import intermediate products to manufacture goods that are later exported. For example, a Spanish company that manufactures wheels using rubber imported from Thailand and that exports these wheels to France would be a manufacturing company that participates in a global value chain. Companies can use different strategies to deal with disruptions in supply chains.

Firstly, they can increase the number

Countries, which we will now call suppliers, from which they import the intermediate product. Secondly, they can distribute their imports more evenly among their suppliers so as not to have to depend excessively on a particular country. Thirdly, they can replace their suppliers with others Singapore Phone Number List  that are geographically and politically closer to their place of origin. On the one hand, having a closer supplier shortens supply chains and reduces the risk of disruptions generated by transportation. On the other hand, as we have seen with the Russian invasion of Ukraine, if the supplier is a “non-friendly” country, it can cut off the supply of the intermediate product as a pressure strategy. Fourth the number of suppliers for each imported intermediate product.