This is the supply chain view on where globalisation is headed. Supply chain disruptions have caused many companies to take another look at where they source their product from.
Supply chain globalization refers to the increasing interconnectedness of global markets and the growing interdependence of countries in the production, distribution, and consumption of goods and services. In recent decades, supply chain globalization has been driven by advances in transportation and communication technologies, as well as the liberalization of trade policies and the globalization of production.
There are a number of trends and factors that are shaping the future direction of supply chain globalization:
- Increasing automation: The increasing use of automation and advanced technologies, such as artificial intelligence and robotics, is likely to continue to drive supply chain globalization as companies seek to optimize their operations and reduce costs.
- Rising demand for e-commerce: The growing popularity of e-commerce is likely to continue to drive supply chain globalization as companies seek to meet the demand for online shopping and deliver goods to customers around the world.
- Trade tensions: Trade tensions and protectionist policies, such as tariffs and trade barriers, could potentially impact the direction of supply chain globalization by disrupting existing trade flows and altering the incentives for companies to engage in global production.
- Climate change and sustainability: Increasing concerns about climate change and sustainability are likely to shape the future direction of supply chain globalization as companies seek to reduce their carbon footprint and adopt more sustainable practices.
Overall, it is difficult to predict with certainty where
SCM Resources
- Avoiding Disruptions in Your Supply Chain.
- Bullwhip Effect: How Sudden Demand Increases Affect Supply Chains.
- Global Supply Chain Chaos: Pandemic, Labor, Demand.
- How Amazon Beat Supply Chain Chaos.
- Inside One of the Biggest Container Ships in the World.
- SCM Resources by Topic & Supplier.
- SCM and Strategy Key Concepts.
- Suez Canal Blocked: How the Ship was Freed.
- Supply Chain Crisis: 500,000 Containers Stuck At US Ports.
- Supply Chain, Purchasing and Logistics Quotes.
- The Bullwhip Effect 101.
- Will Robots and Artificial Intelligence replace Human jobs by 2030?
- Worst Supply Chain Disruptions in Modern USA History.
Supply Chain Quotes
- “Without logistics the world stops.” ~Dave Waters
- “Technologies that are emerging today will soon be shaping the world tomorrow and well into the future – with impacts to economies and to society at large. Now that we are well into the Fourth Industrial Revolution, it’s critical that we discuss and ensure that humanity is served by these new innovations so that we can continue to prosper.” ~Mariette DiChristina
- “Smart companies fail because they do everything right. They cater to high-profit-margin customers and ignore the low end of the market, where disruptive innovations emerge from.” ~ Clayton Christensen
- “Great companies know supply chain is a key differentiator to separate them from the competition.” ~Dave Waters
- “One of the goals of the Trump administration is to reclaim all of the supply chain and manufacturing capability that would otherwise exist if the playing field were level.” ~Peter Navarro.
- “There’s no question that the Internet generally, and Netflix specifically, upended the traditional content-distribution supply chain and caused profound changes in the entertainment industry.” ~James B. Stewart.
- “COVID-19 will most likely be the spark that accelerates the acceptance and deployment of drones deliverying product from ecommerce companies.” ~Dave Waters
