Aviva calls for greater resilience to prevent downtime at SME manufacturers
More than four in five (84%) of small and mid-sized UK manufacturers are hit by unplanned downtime every month, according to new research from Aviva.
Nearly a fifth (18%) of manufacturers are experiencing downtime at least once a week, the insurer added.
Supply-chain disruption was the leading stated cause of downtime across all manufacturers surveyed, cited by 22% of respondents.
Cyber incidents followed at 17%, while equipment failure and staff shortages were each named by 14%.
Impact variesThe impact varies by type of manufacturer, with light manufacturers (89%) most likely to experience unplanned downtime at least once a month.
A supplier can
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