York Region Supply Chain Study

There are more than 2,500 manufacturing businesses operating within York Region’s nine municipalities including the City of Markham, making it the third largest manufacturing cluster in Ontario and fifth largest in Canada.

In 2020, the Region of York led the York Region Supply Chain Study joined by the three southern municipalities: the City of Markham, City of Richmond Hill and the City of Vaughan. The study was conducted in partnership with Supply Chain Canada and aimed to assess the resilience of the manufacturing sector supply chain in York Region and better understand the impacts of COVID-19 and how to assist business to recover from the pandemic.

Building Supply Chain Resilience posterThe Study involved detailed interviews facilitated by local economic development staff and conducted by Supply Chain Canada with CEOs and supply chain and procurement leaders of York Region manufacturers in key sectors. Interviewees were asked to identify COVID-19’s impacts on their businesses, learn how business leaders responded, assess their state of readiness to the pandemic, and uncover any move-forward plans businesses have made to address future disruptions.

The Study has resulted in a published Report entitled, “Building Supply Chain Resilience.” The Report is a model for other jurisdictions across Canada and has meaningful insights for supply chain leaders and policy makers throughout the country who want to foster economic recovery and future prosperity.

The key study findings in the Report include:

Manufacturers:

  • Focus efforts on business continuity planning and supply chain resiliency measures such as dual sourcing, split volumes, critical components inventory and alternative manufacturing capacity

  • Accelerate supply chain digitization, which can allow technology to share demand signals with trading partners and automate communications

  • Develop a cyber-attack strategy to secure data and systems

Governments:

  • At the municipal level, continue to strengthen relationships with local manufacturers and bring the manufacturing community together to share business continuity and supply chain resiliency, best practices and resources

  • At the provincial and federal levels, develop a national early warning system to flag and handle impending global supply chain disruptions, ensure critical supply chain infrastructure remains open during emergencies and review emergency financial programs for effectiveness

Access the full report at https://www.yorklink.ca/supplychain


Footer
Complementary Content
${loading}