The awareness of the importance of international supply chains has grown in recent years, not just among the business fraternity, but more widely in the media, among politicians and ordinary citizens as well.
Companies went global for the past few decades with a gusto to save labor costs. The pandemic jolted many Executives eyes open to the risks in the global supply chain. Suddenly, companies were reevaluating their global footprint with an eye to cost, risk (supply chain, geopolitical, etc.), customer performance, etc.
In this episode of Interlinks I am joined again by my colleagues from the supply chain special interest group of the Society for the Advancement of Consulting to discuss the issues of energy security and geopolitical change and how they are influencing the thinking of business strategists and decision makers as the look to design and configure the supply chains of the future.
In this episode of Interlinks, I am joined again by my colleagues from the supply chain special interest group of the Society for the Advancement of Consulting to discuss the issue of how and why so many businesses are overlooking the fundamentals of business as we emerge from a period of turbulence characterized by pandemic war and supply chain realignments into an uncertain future.
The world of supply chain and logistics has been plagued with volatility, disruptions, geopolitical issues, concerns about energy availability and transition, and increased regulations.
Businesses, supply chain, and the world are experiencing disruption, volatility, and chaos. In this period of geo-political risk, interest rate spikes, fears of recession, labor shortages, and more, successful businesses will focus on the fundamentals.
In this episode of Interlinks, I'm joined again by my colleagues from the supply chain special interest group of the Society for the Advancement of Consulting (SAC) to discuss some of the big issues facing businesses in 2023, namely sustainability, talent, and automation.
Listen to find out how some of the top supply chain consultants around the world are working with their clients to help them deal with rising inflation and interest rates.
Shocks and events such as the war in Ukraine, the pandemic and Brexit, among other may feel like they have appeared out of nowhere, but these events are taking place within the context of overarching trends that are unmoved by these short-term shocks and events. This provides us with another perspective on how to react and devise successful supply chain strategies as we look to the future.
As businesses struggle in this new era of VUCA (volatility, uncertainty, complexity, and ambiguity), the divide between short term and long term seems to increase.