Supply Chain Navigating Today’s Challenges
The Ongoing Impact of Geopolitical Instability
The world is a far more volatile place than it was even a few years ago. The war in Ukraine, ongoing tensions in the South China Sea, and various other regional conflicts are creating significant uncertainty for businesses. This translates to unpredictable supply routes, potential disruptions to raw material sourcing, and increased transportation costs. Companies are scrambling to diversify their sourcing, explore alternative transportation options, and build in greater flexibility into their supply chains to mitigate these risks. The reliance on single-source suppliers, once a cornerstone of efficiency, is increasingly seen as a major