©iStock/thitivongSince 2018, many global manufacturers have been diversifying their supply chains beyond China. But this diversification has proven to be challenging due to dependencies on certain countries for manufacturing capabilities and critical resources, resulting in a rise in friendshoring and a move towards industrial policy, potentially escalating geopolitical tensions.Learn how and why diversification is the primary supply chain strategy for global executives.

©iStock/thitivong

Since 2018, many global manufacturers have been diversifying their supply chains beyond China. But this diversification has proven to be challenging due to dependencies on certain countries for manufacturing capabilities and critical resources, resulting in a rise in friendshoring and a move towards industrial policy, potentially escalating geopolitical tensions.

Learn how and why diversification is the primary supply chain strategy for global executives.

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