SUPPLY CHAIN MANAGEMENT
portion helped accelerate economic activity – but only temporarily .
“ While attempting to find its glide path , the economy and many corporate participants ran into a series of hurdles including creeping inflation , intervention in the form of increased interest rates , multiple geopolitical stability risks creating supply constraints and tariff risk , and of course a growing concern around government and consumer debt loads and service costs . The mood turned to caution outside of a few AI darlings .” David and Protiviti forecast a number of headwinds over the next 12 months , with supply chains bearing the brunt of the associated challenges . They include :
• Geopolitical risks will persist and continue to result in longer-than -average lead times for ocean freight
• These longer lead times will present operational risk but also demand planning and inventory balancing risk against the backdrop of an increasingly strained consumer
• Labour quality challenges will persist along with higher-than-average wage expectations , causing shift work challenges in manufacturing , operations and distribution
• Delivery reliability .
Understanding the supply chain During this ongoing era of disruption , the need for companies to gain a thorough understanding of their supply chains is arguably more important than ever .
104 December 2024