Global disruptions like the COVID-19 pandemic and rising geopolitical tensions have exposed just how fragile global supply chains can be. Many businesses faced delays, shortages, and unexpected costs, forcing them to rethink how their supply chains are structured. One key lesson is the importance of flexibility—companies that had diversified suppliers or nearshored operations were able to recover more quickly than those with rigid, single-source dependencies.
Building resilience now means investing in digital tools for real-time visibility, forecasting potential risks, and developing contingency plans. Some companies are also shifting from “just-in-time” to “just-in-case” inventory models, even if that means higher short-term costs.
Has your company made any changes to its supply chain strategy since the recent disruptions? What tools or practices have helped you adapt?