Authors:
- Kazutoshi Tominaga, Managing Director and Senior Partner, Boston Consulting Group
- Hitesh Tak, Managing Director and Partner, Boston Consulting Group
Leaders of multinational companies face unprecedented uncertainty in shaping their supply chain strategies and reconfiguring network footprints in response to global geopolitical upheaval.
Dynamics between manufacturing powerhouse China and several major trading partners have accelerated pre-existing production shifts. Technology and relative labour costs are changing. Covid-19 demonstrated the need for more resilient supply chains, at a time when geopolitical tensions have created more complex considerations for global trade partners.
CEOs must also…
