Mumbai, India: May 21, 2020: Dun & Bradstreet, a leading global provider of business decisioning data and analytics, today introduced the COVID-19 Impact Index , a new resource that addresses the urgent needs of business leaders to better understand the impacts of the pandemic on companies and their network of suppliers and customers.
The index is the latest resource developed by the company to support India businesses during the pandemic, helping to assess credit, supply chain and sales pipeline risk and to identify opportunities to support business recovery. The analysis is based on evolving local conditions and ranks a company’s level of risk and potential business disruption in comparison to others on a scale of 1 to 100, with 1 being the highest risk. The index is designed to identify supply chain disruption, credit and collections risk, and to help protect revenue.
Basis the Dun & Bradstreet COVID-19 Impact Index*, businesses in the state of Maharashtra are highly impacted with an Overall Business Impact Index of 27 followed by businesses in the states of Delhi and Gujarat with an Overall Business Impact Index of 36 and 42 respectively. Unsurprisingly, industries exposed to the most risk and disruption include construction with an Overall Business Impact Index of 39 followed by retail & wholesales, services and manufacturing. “Dun & Bradstreet COVID-19 Impact Index enables clients to assess how the pandemic is impacting their network of partners, customers and suppliers in India”, explained Julian Prower, Managing Director, Dun & Bradstreet, India. “Our index powered by Dun & Bradstreet’s global data and insights provides clients with a greater understanding of the effect that COVID-19 will have on their business chain, thus helping them develop a sustainable recovery and growth plan.”
The Dun & Bradstreet COVID-19 Impact Index, which is based on client feedback, supplements Dun & Bradstreet’s risk scores and analytics capabilities and provides a view of the potential impact of the pandemic on a business’ operational activity, as well as its network of suppliers and customers. The overall ranking is based on analysis against five criteria:
Company Location Disruption Ranking – An assessment of a business based on confirmed COVID-19 cases across geographical regions.
Company Industry Disruption Ranking – An assessment based on the expected impact to the industry in which the business operates.
Company Business Health Ranking – An assessment of business health using Dun & Bradstreet’s Failure and Delinquency scores. The Failure Score predicts the likelihood a business is going to fail in the next 12 months and Delinquency Score predicts how likely they are to pay on time.
Company Impact Index – An assessment of the expected impact of COVID-19 on a specific business entity, using a combination of the above three indexes (Company Location, Industry and Business Health).
Overall Business Impact Index – An assessment of the expected overall impact of COVID-19 on a business, based on the Company Impact Index (impact on the business itself) and analysis of the Company Impact Index of companies in their supplier, customer and partner network.
More information about Dun & Bradstreet’s COVID-19 resources for businesses is available here.
* Based on data as of May 19, 2020, index will be recalculated regularly based on the latest available information