Around 51.7% of respondents from the auto sector said disruptions to supply chains were "very significant" — the highest proportion across six industries in a survey released Wednesday.
The survey, conducted by the Economist Intelligence Unit and sponsored by Citi, queried 175 supply chain managers in February and March this year. One in five respondents have invested or are looking to invest in the Philippines and India in the next 12 months as part of their strategy.SINGAPORE — The automotive sector was hit the hardest by supply chain disruptions during the Covid-19 pandemic, according to a survey that covered six broad industries.
The survey was conducted by the Economist Intelligence Unit and sponsored by Citi. It surveyed 175 supply chain managers — more than 70% of which were based in Asia — in February and March this year, and its findings were released on Wednesday.
Who needs a car when one is WFH Has the auto industry thought of the future where office buildings are going to be a thing of the past?
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