Business is facing a time of great disruption to supply chains – and great opportunity. The range of shocks is growing – such as resource shortages, rising prices, extreme weather events, new legislation, labour disruption and trade wars. The old response was treating these as isolated questions of efficiency or compliance. Now leading businesses see the opportunity to look at these as a connected set of questions around building more responsible, sustainable supply chains that deliver better business results and fix multiple issues together.
We have synthesised a picture of what the main supply chain shocks are, how they are developing and what businesses are doing to turn these challenges into opportunities – looking across six main areas:
- Consumer demand & challenger brand growth
- Activism from consumers, NGOs and investors
- New resource pressures
- Circular economy shifts
- Tech-enabled transparency
- New and hidden labour challenges
We conclude with what the next frontier in best practice supply chain management looks like and the guiding principles for business.
Please click on the link below to download the report and find out more about the opportunities these shifts can create for your business and take a look at our blog summarising key takeouts when we discussed this with a panel of industry experts.