Global supply chains, the intricate networks that deliver goods worldwide, face unprecedented pressures, a theme explored in "Supply Chain Strain". The book investigates how events like pandemics and geopolitical tensions expose vulnerabilities in these systems, originally optimized for efficiency, not necessarily for resilience. For example, the Suez Canal blockage highlighted how a single point of failure can disrupt global trade, costing billions in lost revenue. The book argues for a shift towards prioritizing robustness to ensure economic stability and national security.
"Supply Chain Strain" presents a comprehensive analysis, starting with the evolution of supply chain management and then dissecting major disruptive events and their impacts. It delves into strategies for building resilience, such as diversifying sourcing and adopting technologies like blockchain, and examines the role of government policies. The book uses quantitative modeling and case studies to assess disruption scenarios and evaluate resilience strategies.
Ultimately, this work offers insights for businesses and policymakers alike, helping them navigate the trade-offs between efficiency and resilience in an increasingly uncertain global environment. By providing a framework for informed decision-making, "Supply Chain Strain" equips readers with the knowledge to fortify supply chains against future shocks.
