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U.K.: Manufacturers lose $97.1 million in disrupted supply

April 10, 2014 - 6:00am

A study commissioned by Achilles Group Ltd. found that top U.K. manufacturers lost over £58 million ($97.1 million) from supply chain disruptions in 2013, Supply Chain Standard reported.

The average cost per manufacturer amounted to £105,000 ($175,854). The study also showed that suppliers exposing businesses to litigation cost the sector £7 million ($11.7 million). "This research shows that manufacturers are paying a heavy price for supply chain failures," Achilles chief executive Adrian Chamberlain said.

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