Supply chains, integral to the global economy and daily life, face escalating challenges from natural disasters, labour shortages, inflation and geopolitical tensions. The COVID-19 pandemic exposed their fragility and the sweeping consequences when they fail to adapt. As these networks provide basic necessities and underpin life today, it is crucial to understand the issues and develop effective strategies to ensure their sustainability and resilience.
This insight report, written by the World Economic Forum in collaboration with Accenture, explores the ways in which required resilience can be achieved. The current state of global supply chains calls for enhanced data sharing, building the visibility necessary to mitigate future disruptions more efficiently.
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|World Economic Forum
|July 26, 2023
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