The Gartner Supply Chain Podcast cover image

The Gartner Supply Chain Podcast

Empowering Growth Through Geopolitically Elastic Supply Chains

Jul 30, 2024
Geopolitical tensions are transforming supply chain dynamics, necessitating flexibility for survival. The concept of supply chain elasticity is explored to address these challenges. Hosts discuss real-world success stories and highlight India's market potential. Scenario planning emerges as a critical tool for mitigating risks through advanced technologies. Recommendations for Chief Supply Chain Officers focus on building adaptable and resilient operations to thrive amidst uncertainty.
20:06

Podcast summary created with Snipd AI

Quick takeaways

  • CSCOs can enhance growth potential by adopting supply chain elasticity to navigate geopolitical instability and market fragmentation.
  • Employing scenario planning and advanced analytics allows organizations to proactively address geopolitical risks, ensuring resilience and adaptability.

Deep dives

Impact of Geopolitical Tensions on Supply Chains

Geopolitical instability significantly disrupts trading opportunities for many businesses, imposing restrictions that threaten revenue growth. Events such as the US-China competition and the Russian invasion of Ukraine have heightened regulatory barriers, creating a fragmented global marketplace. Chief Supply Chain Officers (CSCOs) are particularly impacted, struggling to meet performance expectations while navigating these challenges. The changing geopolitical landscape has shifted focus towards identifying and mitigating risks that directly affect supply chain effectiveness.

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