This white paper gives an overview of how we got to this point of Supply Chain uncertainty and political dilemmas, the impact it has from a global perspective and how we can prepare and plan to deal with these situations during challenging and changing times.
This new global trade landscape marked by international and technological conflict represents a new normal for global trade. To this end, companies are continuing to leverage their resilient supply chain strategies to weather the current storm, and prepare themselves for the turbulent future. Companies without built-in levels of resilience and agility are looking to benchmark their peers, and most companies, regardless of how well they are positioned, are turning to outside service providers to keep themselves ahead of their competition.
Current world events suggest that firms should reconsider their resilience and risk management strategies. What strategies will help you come out on top in these foreseeably tumultuous times? This whitepaper seeks to answer this question. First, we discuss a brief history of how we’ve arrived at the current state of affairs pertaining to global trade. Second, we will introduce a new model that can help managers identify and categorize sources of supply chain disruptions. Finally, we will discuss some current best practice mitigation techniques that you can use to help reduce uncertainty and make your supply chain more robust to the new global trade environment.