Tweet [1]
… is from this new essay – “The dangerous war on supply chains” – by Martin Wolf at the Financial Times [2]:
The obvious way to achieve robustness is to diversify suppliers across multiple locations. Producing in one’s own country is not a guarantee of robustness. Any given location might be affected by a pandemic, hurricane, earthquake, flood, strikes, civil unrest or even war. To put every egg in one basket, even the domestic one, is risky.
The obvious way to achieve robustness is to diversify suppliers across multiple locations. Producing in one’s own country is not a guarantee of robustness. Any given location might be affected by a pandemic, hurricane, earthquake, flood, strikes, civil unrest or even war. To put every egg in one basket, even the domestic one, is risky.