How manufacturing is evolving to tackle supply chain challenges


Source: siliconrepublic.com siliconrepublic.com

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Deloitte’s Paul Wellener discusses the drive among manufacturers to become more resilient through digital transformation and their concerns around cybersecurity. The manufacturing industry and global supply chains have been forced to adapt to dramatic disruptions in recent years. While recovering from the impact of the Covid-19 pandemic, supply chains are not being hit by rising inflation, material shortages and rising energy costs. These challenges have been exacerbated by Russia’s invasion of Ukraine. These challenges could lead to a gross domestic product (GDP) loss of €920bn across the Eurozone next year, according to an Accenture report in May. Accenture said this...