Published: 15 July 2024
CSCOs have learned the hard way that overreliance on low-cost networks leaves them vulnerable to economic and political uncertainty. This research explores the diversified approach — reglobalization — necessary to remain resilient and agile, and achieve supply chain objectives today.
The relentless pursuit of low-cost networks through globalization has been replaced with an acknowledgment of the impacts on resilience, agility and flexibility associated with long, complex supply chains, alongside cost.
The era of country-agnostic globalization has been replaced with country or economic bloc-level incentives, and leading companies have successfully reshaped their networks to take advantage of these while diversifying away from concentration risk.
Improved visibility, the ability to respond to disruption and supplier collaboration are key factors driving the successful outcomes of recent network shifts.
Conduct a wider analysis of the supply chain by including the hidden costs associated
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