The Future of Supply Chains
Businesses are increasingly looking to make substantial changes to realign their supply chains globally, a trend accelerated recently by the global pandemic. They are considering diversifying both the geographies, and vendors, upon whom they rely in order to reduce “concentration” risk. Some may go further and repatriate their supply chains. Rationalising supply chains may involve acquisition of lower tier vendors (some of whom may be distressed financially) or wholesale exits from particular supply chains.
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