This infographic details steps for managing geopolitical supply chain disruptions and risks, from planning impact assessments to partner selection.
Geopolitical disruption threatens supply chain stability in industries like yours, with companies reporting a median 5% revenue loss. A recent survey conducted by Supply Chain Dive’s studioID and DP World of over 150 supply chain and IT executives shows 78% expect increased geopolitical risks in two years, yet nearly half feel only somewhat prepared. As shipping costs rise and material prices fluctuate, your business needs a strategic approach to mitigate these risks.
This infographic illustrates several effective geopolitical risk mitigation strategies — like relocating operations and elevating compliance to the board level — which are often underutilized. Access it here to benchmark your company’s preparedness, based on the insights covered, and to:
Offered Free by: Supply Chain Dive's studioID and DP World
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