Supply chain managers have had a tough couple of years, contending with the most challenging set of circumstances they’ve likely ever faced in their careers. Key suppliers shut down operations for weeks at a time during lockdowns around the world, ports became jammed, and container prices went through the roof. In fact, supply chain disruption related to COVID-19 cost Eurozone economies alone €112.7 in lost GDP in 2021.
And, even as the world reopens for business, as one problem is resolved another pops up in its place. After tackling the challenge of a driver shortage, for example, organisations have found themselves with the opposite problem of not being able to source enough trucks because of the ongoing semiconductor shortage. Russia’s invasion of Ukraine…
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