HOW WILL SUPPLY CHAINS ORGANIZE IN THE FUTURE?

In a discussion about supply chains, panelists explore the impact of recent global disruptions, such as the pandemic and geopolitical tensions, on trade and inflation. They emphasize the importance of technology in enhancing supply chain resilience and efficiency, highlighting the role of standardization and automation in reducing labor costs and improving customer experience. The conversation also touches on the need for companies to adapt to changing conditions by diversifying manufacturing locations and investing in logistics infrastructure. The panelists discuss the benefits of localizing production to foster economic growth and resilience, while acknowledging the challenges faced by developing countries in this new landscape. They stress the significance of building global ecosystems to support talent development and technological adaptability.