Sixty-three percent of supply chain executives — respondents in an Economist Impact survey — believe geopolitical issues will cause major disruptions through 2023.
What are they doing to mitigate the risk?
From new pricing strategies and material substitutability to alternative suppliers and stockpiling, enterprises are adopting a variety of approaches underpinned by data and technology, reveals a new Economist Impact report, The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment.
The report, commissioned by GEP, also has lessons from AT&T and GSK on managing today’s supply chain disruptions.
This is highly recommended reading for supply chain and procurement leaders seeking to effectively manage risk, cost and growth.