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