The ongoing impact of COVID-19 on global supply chains
Jun 22, 2020 · The global supply chain had begun responding to US-China tensions and we can expect the disruption caused by COVID-19 to accelerate the pace of this response. Trade analytics show China lost global export market share at an accelerated pace in 2019, as companies moved to other countries.
5 challenges facing global supply chains | World Economic Forum
Sep 7, 2022 · 5. Extreme weather. Climate change is a much more long-running problem for supply chains. This year, drought has caused water levels to drop around the world, impacting major shipping supply routes. Low water means ships can only carry a fraction of their usual freight to minimise the risk of running aground.
Supply chain sustainability is key to achieving climate goals
Apr 20, 2023 · Building sustainability in supply chains is a huge part of the story. The World Economic Forum, for instance, has identified eight supply chains across major industries that account for more than 50% of global greenhouse gas emissions. As leaders managing supply chains, we have a responsibility to act. That means improving the efficiency with ...
5 ways the COVID-19 pandemic has changed the supply chain
Jan 5, 2022 · Here are five ways the supply chain has changed thanks to COVID-19. 1. Supply chain now a key focus of the C-suite. The supply chain finally has the C-suite’s attention, and chief supply chain officers are its new stars. In October, corporate CEOs in a McKinsey survey for the first time identified supply chain turmoil as the greatest threat ...
Supply chains can be a climate game-changer. Here's why
Jan 21, 2021 · Eight supply chains account for more than 50% of global CO2 emissions. Fully decarbonizing these would add just 1-4% to end-consumer costs for many everyday items. There are nine major actions that every CEO can take to engage suppliers and decarbonize their end-to-end supply chain. A new report from the World Economic Forum and BCG shows how.
Here's how we can resolve the global supply chain crisis
Jan 17, 2022 · The recent crisis gives us a glimpse of the potential impact of climate change on supply chains. Regional pacts and more localized production could increase resilience, but this requires investment in digital and production infrastructure. Our livelihoods – food, jobs, energy – depend on functioning and resilient global supply chains.
Why the world must build a ‘living supply chain’ for food
Aug 12, 2022 · Building living supply chains by adding time to the supply chain equation and adopting industry-wide initiatives can help eliminate the current risks in the system. “This year’s food crisis is about lack of access. Next year’s could be about lack of food.”. UN Secretary-General António Guterres uttered that statement in his June 8 ...
3 ways to shore up supply chains – and global trade at the same …
Jan 2, 2024 · These developments bring supply-chain resilience and risk management back to the table. They also prove that an environment that allows global trade to flourish is not a given. Given the benefits of global trade for humanity, shaping a more resilient and sustainable global trade is a highly relevant topic for Davos 2024, the Annual Meeting of ...
Here's how we make the global food supply chain sustainable
Aug 7, 2024 · The food industry is responsible for a major part of modern production and consumption. By 2024, the global food market is expected to be worth $9.12 trillion, growing at an annual rate of 6.7%. The food supply chains that deliver goods from the farm to our plates are notoriously complex. They involve many upstream, midstream and downstream ...
Chip shortage: how the semiconductor industry is dealing with this ...
Feb 9, 2022 · Semiconductor companies have increased throughput, which will contribute to expected revenue growth of about 9% in 2021 – up from the approximate 5% recorded in 2019, the last pre-pandemic year. Some governments are also upping their investment in semiconductor technology to lessen the impact of global supply-chain disruptions.