Inverto's annual Risk & Resilience Study also shows businesses are moving away from low-cost globalization models in favor of more regional supply chains.
The next phase of supply chain management will be defined by how effectively companies can ensure that product identity remains accurate, aligned and executable across their network.
The NPC warns that the U.K. has done a poor job stockpiling everything from critical medicines to food supplies, leaving the country exposed to cascading economic disruptions.
European productivity growth has continued to lag behind the U.S., putting added pressure on exporters already grappling with weaker global demand and trade uncertainty.