EY: international political pressures on supply chains expected in 2024
13:02
Rising global tensions in 2024 mean businesses must prioritize reducing supply chain risk. Sourcing key materials and diversifying chains are crucial due to geopolitical instability, according to the latest EY-Parthenon report: "2024 Geostrategic Outlook."
Public support for R&D in clean tech is expected to boom, offering opportunities for companies partnering with governments. Sustainable development will become an even bigger focus for businesses, driven by investor demand and lower capital costs.
This year provides a chance to re-evaluate supply chains, prioritizing resilience and minimizing risk.
Source: ISBnews
