The impact of Hurricane Harvey on the global supply chain will be worse than expected due to the dependence on chemicals and intermediate products across a range of industries, according to supply chain experts at Resilinc, a provider of supply chain risk and resiliency solutions. Other contributing factors are an interconnected global supply chain and a lack of sub-tier supplier visibility.
Resilinc reports that 33 percent of U.S. chemical production has been disrupted as a result of Hurricane Harvey. Resilinc’s data repository, which tracks millions of parts and raw materials through multiple supply-chain tiers, shows that 68 key chemicals and intermediates originate from the Texas region. Many of these chemicals are used in the high-tech electronics and semiconductor industry.