SupplyChain Magazine February 2022 | Page 21

“ ONE THING IS CLEAR – THE WORLD ECONOMY AS WE ONCE KNEW IT WILL NEVER RETURN ”

These are :
• The growing threat of cyber attacks on supply chains around the world .
• The revolutionary impact of 3D printing on manufacturing .
• The rapid and disruptive adoption of robotics and AI .
• Nations protecting their domestic economies from aggressive foreign competitors .
I think the biggest casualty of this over the next five years will be China . Some companies have already begun the process of relocating their supply chains out of China to other sites in Southeast Asia , India and the Americas .
Q . WHAT ARE THE TAKE-HOME MESSAGES FROM YOUR BOOK ?

» The book contains practical advice and strategies for C-suite execs , boards of directors , senior managers , and anyone else involved in directing and monitoring supply chain activities .

The trends I describe in the book are impacting companies globally , and ignoring them comes with a high price .
One thing is clear : the world economy as we once knew it will never return . The challenge now is for companies to figure out how to adapt their activities and operations to a quickly changing landscape . Companies that are responding to economic and political pressures by reshoring supply
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