Opinion: Why Fixing Global Supply Chains May Take a While
Supply chain disruption continues to frustrate business executives, political leaders, and consumers around the world. While many had hoped that the global flow of goods would improve greatly as the pandemic waned, other factors have intervened including renewed lockdowns, geopolitical tensions and sustainability concerns.
The Oliver Wyman Forum convened senior leaders across the clothing industry, ports sector, and a range of financial institutions in the Asia-Pacific region and the United States to discuss what’s next for global supply chains. The conversation underscored the complexity of the problem and the need for progress in a number of areas, not any single quick fix. We have captured our personal reflections and distilled some of our latest research into the following points:
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