Oliver Wyman April 16, 2025
Paul Mee, Joshua Shi, and Scott Bartley

Natural disasters, cyber threats, and geopolitical tensions threaten an interconnected supply chain, demanding urgent action for resilience and preparedness.

Months after Hurricane Helene devastated parts of the Southeastern US in late 2024, its impact was still being felt at US hospitals coast to coast. Baxter International’s plant in North Carolina, which produces 60% of the nation’s IV fluids, halted operations due to flooding damage. The Food and Drug Administration was forced to import IV fluids from other countries, and 86% of providers reported shortages. It took until February 2025 for the plant to return to pre-hurricane production levels.

This is not an anomaly. It illustrates how quickly operations up and down the supply chain can be disrupted. Risks ranging from...

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