British businesses probably didn’t expect to start 2021 worrying about wooden pallets after a year of grappling with the coronavirus and a meltdown in the economy.
The coronavirus pandemic has had a huge impact on global risk-management strategies. Many companies learned in 2020 that their supply chains weren’t prepared for a disruption of such massive scale. Now, they’re determined not to get caught short again.
The auto industry dodged disaster when the U.K. and European Union sealed a post-Brexit trade accord, but not before carmakers announced factory closures and called off plans to make several new vehicles in the country.
Matthew Goodman, senior vice president and holder of the Simon Chair in Political Economy at the Center for Strategic and International Studies, discusses the prospects of the Biden Administration bringing the U.S. back into the Trans-Pacific Partnership.
As we approach the one-year mark of the COVID-19 pandemic, supply chains in the U.S. are still struggling to operate confidently and efficiently with essential supplies.
John Caltabiano, vice president of supply chain with manufacturing services provider Jabil Inc., discusses the results of a recent survey of supply-chain professionals about how they’re weathering the coronavirus pandemic.
The U.K. is confronting threats of food insecurity and panicked shopping days before Christmas as European nations restricted trade and travel to guard against a resurgent coronavirus.