Many companies are taking a hard look at their battered supply chains during the global COVID-19 pandemic and thinking of the future.
It’s causing a lot of supply chain leaders to really look at the footprint of their supply chains. It’s been an easy decision for some time to say: ‘I’m gonna be supplied from a low-cost country, low-cost environment,’ and that’s been a predictable decision up until now. And we’ve seen … many clients being really dependent on certain geographies and suppliers, and I think both the tariffs and pandemic and downturn have really raised the focus on what the footprint of that extended supply chain should be, and whether there should be alternatives baked in.