Risk Management - Articles
Opportunities and Risk in worldwide Suppliers Evaluation processes
February 28th 2025
For years, a stream of disruptions has created a persistent state of uncertainty and instability in global supply chains but disruption is far from over. Geopolitical conflict is an ongoing supply chain risk, particularly in critical corridors, or pinch points, of supply. Disruptions and damage from weather-related disasters are unrelenting and will continue as a result of droughts, fires, and flooding. Trade tensions are choking the movement of semiconductor products, manufacturing equipment, and other critical materials.
The year 2025 sees significant changes to global supply chain infrastructure – a necessity for the resilience of the nations and alliances that depend on it. AI may hold the key.
The widespread adoption of advanced technologies will catalyze the digitalization of supply chain management, change how products and services are made and delivered, and enable the sharing of supply chain information in new ways. Companies that pilot and apply emerging technology platforms to traditional management will realize the kind of optimization the industry has sorely needed.
Supply chains are continually becoming more globalized, with the need for international trade, around-the-world shipping, and complex supply chain links driving the need for visibility and transparency in the supply chain.
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