14
Apr
Global supply networks have expanded and intertwined worldwide, yet they often reveal surprising fragility, as disruptions that once stayed local now spread across entire regions. This vulnerability stems not merely from unfortunate incidents but from deliberate structural decisions, evolving risk conditions, and incentives that favor lean, low-cost operations instead of resilient buffers. Grasping the underlying reasons demands examining specific breakdowns, the systemic forces at play, and the practical compromises businesses and governments confront when seeking to reinforce their supply chains.Prominent upheavals that revealed vulnerable pointsCOVID-19 pandemic: Factory closures, workforce shortages, and volatile demand between 2020 and 2022 led to widespread…
