Financial Times
Commenting in the Financial Times, BCG’s Michael McAdoo stresses the importance of building resilient supply chains amid geopolitical and economic uncertainty. Though US supply chains appear to be smoothing out, they are not fully insulated from ongoing headwinds such as wage inflation, labor shortages, and COVID-19 restrictions abroad. Anticipating the hurdles ahead, McAdoo suggests proactively redesigning supply chains to withstand future shocks. “Geopolitical considerations are no longer the icing on the cake,” he says. “They’re the cake, and people are integrating this into their decision making.”