EY “ Supply chain reinvention is in vogue . It ’ s an exciting time for C-suites and CSCOs . The multiplicity of demands that are facing CSCOs is incredible . It used to be enough just to balance cost , service , quality and speed . Now you need to add resilience and sustainability into your supply chain .”
As global powers continue to vie for cultural and economic influence , tariffs , incentives and sabre-rattling will continue to impact supply chains . Sustainability , visibility and resilience will come to define the new standard for supply chain excellence in a world where , Steinberg thinks , “ something broader is at play ”.
“ The world order is changing from a unipolar economic order to a multipolar one ,” Steinberg continues . “ This has a tremendous impact on the strategic architectures of the world ’ s supply chains . As a result , virtually every company in the world is re-evaluating their supply chain
“THE PANDEMIC HASN ’ T NECESSARILY CREATED ANY NEW CHALLENGES FOR SUPPLY CHAINS ; IT ’ S JUST MAGNIFIED THE PROBLEMS THAT ALREADY EXISTED ”
GLENN STEINBERG GLOBAL SUPPLY CHAIN LEADER , EY
52 May 2022