East Coast snowstorms jeopardized suppliers, $5B in revenue: Resilinc

• Severe snowstorms across the Southeast and Mid-Atlantic U.S. last week put thousands of suppliers and manufacturers at risk, according to Resilinc’s EventWatch supply chain monitoring platform.
• The storm jeopardized an estimated 25,000 types of products and risked nearly $5 billion in revenue for the more than 100 companies Resilinc monitors.
• The average recovery time for affected facilities will be 23 weeks, and one site expects the effects to last more than three years, Resilinc said. Similar hazardous events are expected to increase as a La Niña weather pattern drags on, the company predicted.

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