RapidRatings Knowledge Center & Articles

The global automotive industry is in one of its most turbulent periods in decades. A volatile mix of geopolitical tensions, sweeping tariffs, and a sharp rise in supplier bankruptcies is reshaping the landscape—putting even leading automakers at risk.

We participated in one of procurement’s biggest events of the year: ISM World 2025. The event featured leaders in supply chain—from Fortune 500 companies managing vast networks of suppliers, to innovators redefining how to identify supply chain risk.

We kicked off the summer at Procurement & Supply Chain LIVE in Chicago, where thousands of industry leaders gathered to discuss strategies and solutions for mitigating today’s supply chain risk. As a risk solution provider, RapidRatings sponsored the event and was given the space and stage to spotlight our FHR solution and share our expertise with a network of supply chain professionals.

With the current tariff levels reduced to a 30% tariff on Chinese goods and a continued 10% universal tariff, we’ve updated our analysis to reflect what businesses are experiencing today, and what they should brace for next.

This issues key takeaways: 81% of supply chain and procurement professionals had their business impacted by supplier disruption in the past two years—before tariffs. 62% of respondents reported high or very high levels of risk in their supply chains in 2024.30% of supply chain disruptions cost over $5 million.