What Are the Consequences of Supply Chain Disruptions?
Supply chain disruptions in catalysis can have several negative impacts:
Production Downtime: Industries reliant on catalysts, such as petrochemicals, pharmaceuticals, and automotive, may face production halts due to the unavailability of essential catalysts. Increased Costs: Shortages can lead to higher prices for catalysts and raw materials, driving up production costs and reducing profit margins. Quality Compromises: In an effort to avoid disruptions, some companies may resort to lower-quality or substitute catalysts, potentially compromising product quality and process efficiency. Supply Chain Vulnerability: Repeated disruptions can erode trust and reliability within the supply chain, making it more vulnerable to future disturbances.