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Supply chain's new world order

COVID-19 and the acceleration of economic nationalism

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Supply chain

COVID-19 has made obvious the flaws in global supply chains. Most organizations' supply chains are not nearly as resilient as they need to be, often because superficial risk management tactics and inefficient contingency plans have been substituted for the hard work restructuring takes.

For US-based multi-nationals, reliance on non-US-based manufacturing and third party suppliers must be reduced. A structural shift toward economic nationalism—a "make where you sell and buy where you make" approach—should be undertaken as soon as your supply chain organization emerges from reaction mode. The stakes are high for responding to disruption and mitigating vulnerabilities. The future of your company might depend on it.

Learn in this paper about critical competencies your organization must build to enable restructuring in the wake of COVID-19, regardless of industry, channel, maturity, or size of your supply chain.

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Meet our team

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Brian Higgins
Principal, Customer & Operations & Consulting Leader for Industrial Manufacturing, KPMG US

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