Many contracts between business partners include obligations to fulfill the supply of goods or services and can trigger contractual penalties in the event of non-performance.

Most of the contracts contain a backstop termination right in case of force majeure, which applies to an epidemic or pandemic. However, this doesn’t mean there is an immediate alternative at hand, sourcing a new supplier normally takes a lot of time and effort.

With Sourcing Intelligence it is easy to find new suppliers quickly.

Supply Chain from China world map

Get Supply Chain Data, Analytics and Insights on Companies affected

Setup a monitoring for high risk supply chain disruption for countries and companies affected by this pandemic, especially China, and develop a response program with alternatives.

Build a resiIient supply chain with alternative suppliers in non-affected regions of the world, to diversify and achive supply chain redundancy.



Top Products EXPORTED from China and Possible Alternative Supplier Countries

Product Categories Possibly affected
Suppliers
Possible alternative
Suppliers
Electrical machinery, equipment and parts attention klein
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haken grün
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Nuclear reactors, boilers and parts attention klein
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haken grün
see suppliers
Furniture and parts attention klein
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haken grün
see suppliers
Toys, games and sports requisites attention klein
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haken grün
see suppliers
Plastics and article made of plastics attention klein
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haken grün
see suppliers
Motor vehicles and parts attention klein
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haken grün
see suppliers
Apparel and clothing accessories attention klein
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haken grün
see suppliers
Optical, medical and surgical instruments attention klein
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haken grün
see suppliers