SUPPLY CHAIN & SUSTAINABILITY
“ As the pandemic has reinforced , supply chains can be at significant risk when there is over-reliance on a location that may be vulnerable to disruption ”
— McKinsey
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Costing paradigms have also made certain weaknesses more apparent : “ As the pandemic has reinforced , supply chains can be at significant risk when there is over-reliance on a location that may be vulnerable to disruption . Shifting production locations so that production is closer to end markets or in lower-risk countries that are less subject to disruption are now routine considerations in risk mitigation .” Consequently , the sector has realised that no long-term solution can be brokered by companies acting in isolation ; a coordinated effort combining collaboration with regulators and new technology will help to overcome barriers not only to recovery but to rejuvenation .
SUMMER / AUTUMN 2020