ANALYSIS: More Supply Chain Risks Require More Resiliency

Supply chain disruptions are now a regular feature of doing business. This year alone has seen labor strikes, bridge collapses, terrorist attacks, and geopolitical tensions—in addition to the now-routine cyber threats, natural disasters, and supply shortages.

These events have led a shift of supply chains from being driven largely by “just-in-time” inventory, pricing, and value, to a broader view that incorporates resiliency, ESG matters, and flexibility in response to unprecedented global changes.

Next year will bring even more uncertainty and disruptions. New governments across the globe will bring new regulations, increasing the compliance burden. Geopolitical tensions will mount and supply ...