White Paper
A Global Rewiring: Redefining Global Value Chains for the Future
The global economy faced major disruptions in 2022, including inflation, shortages, logistics issues, and energy price surges. Manufacturing companies must adapt to an environment of scarcity and supply competition, as returning to "normal" is no longer feasible. Resilience is no longer enough; firms must move beyond it to redesign their value chain configurations and operations. This transformation will lead to changes in manufacturing hubs, supply and demand, and global flows of goods. The World Economic Forum and Kearney identify five trends shaping this new supply-constrained reality, urging companies to rethink strategies and build future value chains.