How the “New Normal” Will Change Supply Chains

An article by the Independent Commodity Intelligence Service (ICIS) notes that America, as well as the rest of the world, will be entering the era known as “The New Normal”. As several consecutive major world events have interrupted supply chains beyond normal reconfiguration parameters, ICIS maintains that there is as a silver lining: positive changes in business infrastructure as priorities shift from globalization to sustainability. Global events have forced companies, specifically in the energy, pharma and chemical industries, to reinvest in themselves in order to move forward by reshoring and taking advantage of “Build Back Better” programs.

To read the entire article, Click Here.

Share:

Facebook
Twitter
LinkedIn
Email

Related Posts

Global Petrochemical Overhauls

Markets across the globe are taking a serious look at production and capacities, and recently have seen a wave of consolidation in the face of

EU Tariff Agreement Exceeds Expectations

Understanding the nuances of the US-EU trade agreement—especially the recently established 15% tariff threshold—can help importers make informed decisions and effectively manage costs on new

Seasonal Products In Scope

As summer is in full-swing, planners and purchasing managers slowly start to turn their attention to fall and winter bids, requirements and budgets. The effects