Industry Trends
Lacking resilience, many supply chains are collapsing under the weight of global factors:
- Ongoing Disruption: Today's supply chain leaders face a landscape of continuous disruption caused by geopolitical tensions, pandemic-related lockdowns, and fluctuations in consumer demand.
- ESG and Sustainability Demands: Heightened stakeholder expectations for ESG strategies are putting pressure on supply chains to adopt mindful practices.
- Global Resilience Challenges: Many supply chains lack global resilience, and the weight of geographic and political factors is leading to collapses in supply chain operations.
- Supplier Reliance: Issues stemming from natural disasters, geopolitical tensions, labour strikes, or financial problems faced by a single supplier can lead to shortages and production delays.