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Resilience in global supply chains: Navigating black swans and geopolitical shifts
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- Podcast
- Summary
Marco Forgione MCIEx, Director General at The Chartered Institute of Export & International Trade as well as Visiting Professor at Aston University, and Ashray Lavsi, Principal at Efficio, discuss global supply chain challenges in recent years, including the impact of events like the CrowdStrike IT outage.
In this episode, Marco, Ashray, and host Simon Lipscomb discuss:
- How ongoing disruptions have shifted the focus of global supply chains away from just cost efficiency
- The impact of geopolitical events (e.g. Brexit, COVID-19, war in Ukraine) on trade routes
- Fragile versus resilient supply chains and how to balance between cost and resilience in boardroom decisions
- The role of governments, regulators, and international trade organisations in reshaping supply chain systems
- The future outlook of global trade and supply chains, highlighting risks, opportunities, and the UK's strategic role
Listen to the podcast below: