Supply Chain Strategy Collides With Logistical Reality

Published by
The Street

By K.T. Arasu, CME Group Companies are focused on diversifying supply chains to keep goods flowing, but several challenges await those planning on reshoring. The nature of globalization is changing. Supply chains are challenged – from tariffs to the pandemic, and Russia’s invasion of Ukraine. The strategy recommendation is resiliency through diversification. The logistics are incredibly complex. We will look at some of the top factors driving this change. Tariffs, Russia and UkraineLet’s start with the tariffs that were initiated by the U.S. in 2018 that led to businesses and consumers paying …

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