— Oscar Sanchez Duran , Senior Principal Research Analyst , Gartner Supply Chain Practice

key component in the supply chain . Nelson adds that the ability to transport goods across borders quickly and efficiently and provide an edge over competition is vital . “ Getting goods from one place to another quickly and efficiently is a huge advantage , particularly in the current times ,” he explains . “ In the new environment , with disruptions across the entire supply chain , you end up having a lot of variations in sourcing . 10 years ago , you could have had one point of supply in China that was consistent , however , now , you can hedge against that disruption from pandemics and other disasters that could be out there . It ’ s wise to

have two or three supply points that creates more complexity in the supply chain and enables you to do business with more than one country at a time to mitigate against unprecedented situations occurring .” Oscar Sanchez Duran , Senior Principal Research Analyst , Gartner Supply Chain Practice , believes that global trade management is essential to help navigate the current ‘ new normal ’ climate . “ We ’ ve seen how countries in different regions have closed their borders at different times , and now while some parts have relatively come back to normal others are still on that journey , affecting how shippers source products and

49 www . supplychaindigital . com