DIGITAL ECOSYSTEM
“The Covid- 19 pandemic led to a lot of businesses reviewing the structure and stability of their supply chains ”
SAUL RESNICK CEO , UK & IRELAND DHL , SUPPLY CHAIN
“ Thus , we ’ re seeing more companies re-evaluate their supply-chain strategies , including bringing manufacturing and services closer to home to de-risk them . More companies are reassessing their supplier relationships , their own networks , and ways they can ensure they are working with friendly nations and businesses .”
How difficult is it to uncouple supply chains from regions like China ? “ It ’ s extremely difficult to extricate Chinese manufactured parts from the supply chain of a significant proportion of goods in sectors including automotive , tech and manufacturing ”, said Jenny Draper , Managing Director of Barkers Procurement Consulting . “ The questions to ask are ‘ why extricate and where is the realistic , stable alternative ?
“ If the concern about China is carbon reduction , there are leading experts who state that China will be carbon neutral before the USA . Indeed , China ’ s president Xi Jinping has pledged carbon neutrality by 2060 . If any country has the product development mindset to make that happen , it ’ s China .
“ If the concern is more about national and political security then stable alternatives are needed . Many are looking to South America for such alternatives ,
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