what the industry is now seeing is organisations going further, understanding the impact anything could have from tier 1 to tier 2.

But having two suppliers is not enough if both are concentrated in the same geography. A natural disaster can disrupt an entire region and expose how fragile that supply base is. Geopolitical events are also accelerating this shift, pushing manufacturers to build supply chains that are more resilient, flexible and better prepared for volatility.

of organisations have procurement or commercial functions leading early-stage conflict management