LOGISTICS
“Logistics can become a business enabler and a source of competitive advantage ”
MIKKEL SØNDERGAARD RASMUSSEN , EGIONAL HEAD OF LOGISTICS & SERVICES , EUROPE , A . P . MOLLER-MAERSK
The paper says that among the factors fuelling plans to nearshore and reshore manufacturing and sourcing are disruptions to raw materials ( 70 %), shipping ( 68 %), and components or finished goods ( 63 %).
The top five reasons given by businesses looking to shorten their supply chain are : to increase flexibility ( 65 %); to limit reliance on single-sources of materials ( 57 %); to limit operational risk ( 56 %); to reduce transit time ( 48 %); and to increase control over operations ( 45 %).
The paper also looks at how supply chain structure is changing in industry verticals in the face of disruption and uncertainty . It reveals :
The electronics and technology , and automotive , aerospace and machinery sectors have been the most active in changing sourcing locations as a result of disruption .
The electronics and technology sector has been the most disrupted by delays in components .
The fast-moving consumer goods and food & beverage sectors have been the most disrupted by lack of shipping capacity and labour shortages .
The chemicals and chemical products sector has been the most disrupted by delays in raw materials , inflation and delays in shipping .
Turning its focus to regions , the paper reveals that North American supply chains are the most internationally focused , containing the smallest number of supply chains saying they source only in their home region .
North American respondents are , as such , more likely to face labour and factory capacity shortages than in Europe or Asia-Pacific .
Asia-Pacific , meanwhile , has been hardest hit by shipping complications , the paper reveals , which reflects ongoing COVID shutdowns in the region , especially in China .
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