In response to multiple shocks, companies are looking for ways to bolster supply chains so they might ride out future storms, says consultants Marsh McLennan in their new report.
“Ultimately, the last few years have shown us that companies can be more flexible and adaptive than expected.
“The key to success is ensuring that new supply chains are more robust than the ones they replace. Deglobalisation – or regionalisation – allows companies to view the supply map as a series of interconnected but largely independent ecosystems.
“Regionalization helps limit the risk of disruptions affecting all regions simultaneously. It also provides companies with the opportunity to potentially cut emissions and up their game in applying the sustainability criteria of environmental, social, and governance (ESG) programs.”
To avoid electronics supply-chain disruptions, you may also wish to consult an expert in electronics component supply. With more than three decades of supply-chain expertise, Astute Electronics is ideally placed to work with you on your daily component requirements.
For more help with looking at supply chain options, contact Astute Electronics
