Is the World Supply Chain Falling Apart? Why Supply Chains Fail, Explained

According to a recent study, 72% of businesses worldwide reported significant supply chain disruptions in 2023. Delayed shipments, higher costs due to fuel price hikes, material shortages and uncertainty around policy or tax changes related to international trade are all becoming more common, which begs the question: Is the world supply chain falling apart?

We explain the three most common ways supply chains fail and how businesses can avoid a repeat. We also explore whether there are any surefire ways companies can use to future-proof their supply chains and operations.

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