TOP 10 GLOBAL SUPPLY CHAIN RISKS
4 UNDEREMPLOYED OR UNEMPLOYED INDIVIDUALS
The current truck driver shortage is a prime example of how too few workers , faced with too many positions , can devastate the continuity of supply chain growth . Faced with mounting expectations - most notably the recent eLog mandates - and stagnant wage growth , the over-road transportation industry is having a crisis that directly extends to their clients . With less availability of drivers , shrinking availability in LTL providers follows suit as 3PLs do all they can to maximize loads and efficiency in every mile . Less options for the manufacturers means less options for distributors , sellers , and eventually , the end customer as well .
3
FAILURE TO ADAPT TO CLIMATE CHANGE
While not all supply chains are heavily linked to environmental change , others are entirely dependent on it . Consider the case of coffee giant Starbucks , which expressed deep concern in 2016 for coffee crop yields that continue to lag in the face of climate change . All perishable products are vulnerable , even tangentially , to shifts in climate change - unseasonable weather can render an entire season ’ s harvest unviable , and droughts , wildfires and floods can render arable farmland or grazing plains unusable .
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