Supply chains

Global supply chains are currently facing enormous pressures: the war in Ukraine, continuing fall-out from the Covid-19 pandemic, the rise in energy prices and shortages of materials and labour, together with increasing demands for greater sustainability from end users, have led to a significant rise in distressed suppliers.

The impact of distressed supply chains is being felt far and wide across all sectors, on both supplier and customer side.

Here we are focusing on topical issues including protecting your position, the potential impact of financial sanctions, and dealing with insolvency risks, and give key, practical tips on actions businesses can take to mitigate risks and avoid costly disputes. 

Supply chains

Distressed supply chains

Global supply chain challenges has increased the financial risk of financial and operational distress among suppliers, with the financial instability or even insolvency among suppliers having dire consequences on production plans. The same tension also applies with suppliers of services.

Distressed supply chains

This is leading customers to keep a very close eye on their supply chains and the financial health of suppliers. The financial weakness or failure of a critical supplier can place an enormous amount of pressure on a business and have significant impact on costs, revenue, reputation and sales.

Financial distress is supplemental to the new challenges such as extreme currency fluctuations, commodity movements and availability, modern slavery, bribery, cyber-attacks and significant regulatory reform
 

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