Super Typhoon Rai Devastates Philippines
Beginning on December 12th, Typhoon Rai swept through the Philippines leaving mass destruction and a death toll of over 400 in its wake.
Typhoon Rai, otherwise known as Typhoon Odette, is a Category 5 super typhoon and the strongest storm since 2013 to make landfall. Over the course of 10 days, the storm caused widespread destruction to homes, businesses, and infrastructure. The destruction was described as “complete carnage” in a statement by the Chairman of the Philippines Red Cross, Richard Gordon.
The Philippines’ primary exports include semiconductors and electronic products, all of which were heavily impacted by this storm. Much of the global electronics market relies on their processing and assembly operations for high-tech electronics components. We expect to see delays in production and shipment of goods from these factories hit by the typhoon in the early part of 2022.
How Can We Help Reduce Supply Chain Risk?
Typhoon Rai was the 5th Category 5 typhoon in 2021. While there is no way to predict natural disasters, there are ways we can assist in mitigating the risk to your supply chain through SiliconExpert’s Supply Chain Risk Management tool. We’ve put together a list of parts impacted by Typhoon Rai as well as other similar disasters that may impact manufacturing plants. Through our SCRM tool we also analyze potential industry-impacting events and create a risk score for components manufactured within those events.
To learn more about the Supply Chain Risk Management tool, please contact your SiliconExpert support representative, or contact us below.
Photo Credit: (JAY LABRA / AP)