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In this enlightening episode of Supply Chain Deepdive, hosts Michael Jung and Jess Williams dissect the key findings of the "2024 Global Trade Report: Complexity and Supply Chain Vulnerabilities" from Thomson Reuters. This episode delves into the intricacies and challenges highlighted by global trade professionals, pinpointing complexity as the foremost concern in today’s business landscape. The discussion navigates through the ongoing supply chain vulnerabilities influenced by geopolitical shifts, economic fluctuations, and evolving regulatory frameworks. Additionally, the hosts explore the growing importance of ESG criteria in supplier selection and the critical gaps in technology adoption that impact supply chain visibility and compliance. They also address how labor shortages and rising operational costs are reshaping strategies in global trade sectors.
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