Haydarpasar Istanbul Turkey. © Bbbrrn Dreamstime.com
Supply chain operators are investing in mitigating the risks associated with trade through China, following geopolitical concerns and the fallout from the pandemic.
The CEO of Hong Kong-based supply chain consultancy Two Eight One, Bharat Ahir, said the focus on risk-mitigation had surged over the past two years, with businesses concerned over rising costs, the challenges of managing suppliers remotely and unforeseen delays.
Mr Ahir told The Loadstar: “From a commercial perspective, businesses are looking to source closer to home. For our European ...
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