This week in the Supply Chain Management, businesses are making significant shifts in their production capacity, with a reduction in China and a rise in exports from India. The recent conflict in Israel is also impacting the electronics supply chain, with potential disruptions in chip production and workplace operations. These geo-economic factors are reshaping supply chains, prompting insights from industry experts on how to navigate these changes.
Read more on this week's highlights:
- Businesses are reducing production capacity in China, while exports from India are on the rise.
- The recent conflict in Israel is impacting the electronics supply chain.
- Geo-economic factors are reshaping supply chains. Glenn A. Steinberg of EY and Jonathan Colehower of UST share insights.
- EY's Sudhir Singh warns against the one-vendor approach to digital transformation.
- Economic surveys reveal a drop in supply delays since the peak of COVID-19, but higher prices due to inflation.
- Adapting to declining demand for perishable goods: How supply chains are innovating to stay resilient.
- Fairtrade US survey highlights the growing demand for ESG transparency in supply chains.
- Accurate emissions data from suppliers remains a challenge for supply chains.
- Failing to reduce the global supply chain footprint could cost companies a staggering $120 billion by 2026.
Have a look at recent industry reports:
Dive deep into research:
“Exploring the use of governance mechanisms in multi-tier sustainable supply chains” by Kati Marttinen, Anni-Kaisa Kähkönen & Donna Marshall (2023)