The past decade has seen numerous disruptions to global supply chains,
including the US-China trade war, the COVID-19 pandemic, and the
Russia-Ukraine conflict. Along with these, a variety of natural disasters,
financial failures, and operational issues have also caused significant
supply chain disruptions.
While supply chain activity has normalized in operational terms in 2023, there are still significant risks facing the industry in 2024. These risks include industrial policy, labor action, and environmental policy implementation spheres.
To address these risks, supply chains need to be more resilient. However,
it remains to be seen whether corporations and investors are willing
to make the necessary investments needed to fortify them.
