We recently did a webinar with approximately 75 manufacturers. And we asked attendees, who mostly came from the procurement, operations and supply chain functions of their companies, what is the most pressing business issue that your company faces with regard to the pandemic. Choices included: supply continuity, price volatility, logistics concerns and cash flow. Among this group, over 50% cited supply continuity as their biggest concern, followed by price volatility at 23%. What does this tell us about the current market, and more important what does it tell us about the future of manufacturing in the aftermath of the pandemic? We can read into it in numerous ways, but for us, what stands out is that manufacturers across different sectors will need to revisit global supply chains. Today, what is closing businesses is not just a … [Read more...] about Should Coronavirus Cause Us to Rethink Globalization?
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