Businesses concerns about tariffs caused an uptick in the risk assessment to supply chains at the beginning of the year when compared to Q4 2024, according to The Lehigh Business Supply Chain Risk Management Index (LRMI).
LRMI collects survey data each quarter to gauge whether businesses expect supply chain risks to increase (≥ 51), remain the same (50), or decrease (≤ 49) in the upcoming quarter. The average dropped from 67.48 in Q4 to 66.18 for Q1. The index for “Supplier Risk” jumped in the quarter, however, from 67.05 to 74.16.