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Philly Area Manufacturing Activity Increases

August 22, 2014

PHILADELPHIA—The Federal Reserve Bank of Philadelphia reported healthy gains in manufacturing activity for the region in August. The bank’s index of general business activity increased from 23.9 in July to 28 in August, the fastest growth since March 2011. MORE

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Supply Chain

The coronavirus epidemic has begun to disrupt the global manufacturing supply chain for a number of OEMs, including Airbus, Hyundai and Tesla. How resilient is your supply chain network?

Moderately resilient: We have good visibility to the supply network. It’s hard to justify investments to modify our supply chain footprint. We focus more on managing disruptions once they occur.

Highly resilient: We have good visibility to the supply network. We view flexibility and resilience as necessary investments. We can shift sourcing, manufacturing or distribution within our network fairly rapidly.

Not resilient: We are dependent on our existing sourcing, manufacturing and distribution footprint. We must find other ways to compensate for changing conditions. We have yet to invest in analytics to support network decision making.

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