KPMG reports that 79 % of procurement executives now cite geopolitical instability as their most critical external challenge, highlighting how risk mitigation has replaced cost-cutting as the priority concern for international commerce.
Beyond the invoice price, cross-border SRM accounts for fluctuating duties, international freight, hidden storage costs and the regulatory burden of navigating laws like the German Supply Chain Due Act or the US Uyghur Forced Labor Prevention Act through a total landed cost perspective.
79 %
of procurement executives cite geopolitical instability as their top external challenge
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