This shift may indicate a fundamental change in global trade dynamics, with manufacturers prioritizing supply continuity over cost efficiency. The rise in supply chain anxiety suggests a prolonged period of disruption, which could lead to increased investment in resilience strategies and supplier diversification.
Manufacturers Face Unprecedented Disruption And Rising Costs
Global supply chains are facing unprecedented disruption, with procurement and supply chain professionals expressing record levels of concern due to geopolitical instability and rising costs. The latest survey from the Chartered Institute of Procurement & Supply shows short-term supply chain anxiety has climbed to 5.69, with medium-term concern also reaching a new peak. This data was reported by The Manufacturer.
This shift may indicate a fundamental change in global trade dynamics, with manufacturers prioritizing supply continuity over cost efficiency. The rise in supply chain anxiety suggests a prolonged period of disruption, which could lead to increased investment in resilience strategies and supplier diversification.
Manufacturers Face Unprecedented Disruption And Rising Costs
Global supply chains are facing unprecedented disruption, with procurement and supply chain professionals expressing record levels of concern due to geopolitical instability and rising costs. The latest survey from the Chartered Institute of Procurement & Supply shows short-term supply chain anxiety has climbed to 5.69, with medium-term concern also reaching a new peak. This data was reported by The Manufacturer.