Five Supply Chain Predictions for 2024
It’s hard to believe, but another new year is upon us.
The calendar is constantly changing, and so is the supply chain. Here are five key predictions for factors that will help shape the evolution of the supply chain during 2024:
Disruption
Supply chain disruptions have become a persistent reality for businesses, driven by factors like transportation congestion, container shortages, shifting geopolitical tensions and the aftermath of global pandemics.
Rather than addressing these issues reactively, organizations are shifting their approach to proactive preparation and risk management. The trend of deglobalization is amplifying the challenges, as logistics and supply chain disruptions extend beyond borders and corporate control.
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