Does anyone know if any work is being done at any official level to evaluate the likely impact of on the Irish Economy of the major supply chain disruption from coronavirus in China ?
If you're in Retail, Distribution, Assembly or Manufacturing do you know how vulnerable your Tier 1 and Tier 2 suppliers are to the escalating supply chain disruption arising from virus impact in China? A 99% finished product is normally unsaleable.
The domino effect is already being felt, switching to alternative countries to supply may not be option, many if not most are dependant on Chinese factories at some Tier n level.
Pharma is one of the major pillars of this economy, how dependant is it on organic chemicals sourced from China ($387.65M - 2018)?
On the indigenous export side how will the forecast drop in Chinese retail demand affect our exports to our 5/6th largest trade partner? How will disruption of EU markets affect a wide range of our exports?