Diversify post-Covid, but ‘shorter supply chains aren’t a shortcut to more efficiency’

A post-pandemic push to diversify and shorten supply chains poses new risks to cargo owners, a senior container transport executive has warned.
Following the virus outbreak in China and subsequent ripples of supply chain disruption worldwide, calls for near-shoring and an end to over-reliance on a single sourcing location have grown louder.
Governments in particular are likely to reassess supply chains for medical equipment and critical drugs.
However, Mike Bhaskaran, chief technology officer …

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Source: The Loadstar

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