SUPPLIER RELATIONSHIP MANAGEMENT
Strategic partnerships in the supply chain sector bring together organisations, including buyers, suppliers and logistics providers, with a shared focus on mutual long-term objectives as opposed to short-term wins.
The emphasis of these partnerships lies in collaboration, trust and shared resources to tackle complex challenges – such as market access to quality improvements – creating relationships that deliver value on both sides over time.
That said, attitudes are changing; according to the 2026 Prologis Supply Chain Outlook Report, which surveyed 1,816 global business leaders, 77 % of companies are actively implementing regional self-sufficient supply chains.
This trend towards localisation could intensify, with 58 % forecasting greater regional focus by 2030. Energy reliability concerns are driving this shift, cited by 40 % of respondents as the primary factor, surpassing traditional considerations like labour costs at 36 % and tariffs at 37 %.
124 February 2025