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ARTICLE · 19 JANUARY 2023

Decentralize Production And Logistics - A Sermon

In recent decades, supply chains have become longer and more complex due to globalization. Access to global markets and the ability to manufacture in low-wage countries...

GlobalInternational Law

Thou shalt… test and reimagine supply chain scenarios

In recent decades, supply chains have become longer and more complex due to globalization. Access to global markets and the ability to manufacture in low-wage countries with low or no import taxes have produced supply chains that are very efficient, but not resilient. This lack of resilience has become abundantly clear in the past two years, due to the pandemic, the war in Ukraine, the energy crisis, the global geopolitical situation and the high number of production and logistics-related disruptions in supply chains.

The topics of resilience and decentralization of production and logistics have gained a place on the boardroom agenda. However, it is difficult to predict whether they will remain there permanently; senior management's long-term memory can be quite short in certain industries and cultures. There is always a chance that rising pressure on profitability due to high inflation, economic stagnation and

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