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 ways the COVID-19 pandemic has changed the supply chain
Jan 14, 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 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 challenges facing global supply chains | World Economic Forum
Sep 5, 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.
How technological advances are strengthening supply chains
Jan 15, 2024 · Increasing labour productivity and higher demands on supply chain resilience have challenged that strategy. Technological advances are now reengineering manufacturing enabling reshoring with flexible value chains and a much more reliable, agile, and sustainable business. Since the 1980s, many Western corporations have been offshoring their ...
Supply chain resilience: How are pandemic-related disruptions …
Dec 22, 2021 · Most supply chain disruptions, after all, have limited geographical extent and conform to the standard single-trough, limited-duration profile outlined by Sheffi and Rice back in 2005. In sharp contrast, the impact of the pandemic on supply chains has been global, prolonged, and comprised a series of major shocks to companies’ logistical systems.
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.
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 ...
Protecting intellectual property in global supply chains
Dec 26, 2012 · By 2015, the global value of counterfeit and pirated products is estimated to rise as high as US$ 1.77 trillion. While government regulation will continue to be essential to protecting intellectual property (IP), the private sector can play a powerful role in driving responsible business practices and bridging regulatory gaps where adequate ...
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.