Extreme weather events and payment timeliness in supply chains: Evidence from Hurricane Katrina

Key Points

• Payment timeliness decreased significantly after Hurricane Katrina, indicating vulnerability in supply chains.
• Findings reveal a disruption delay of up to 30 days in payment processes following the hurricane.
• Analysis of logistics data showed that extreme weather events caused direct impacts on supply chain efficiency.
• Understanding these disruptions is crucial for improving resilience in supply chain management during natural disasters.