Speaking to Bloomberg News, Dubai's DP World Chairman and CEO Sultan Ahmed Bin Sulayem said he expects bottlenecks to continue until 2023. The issues will result in higher costs for shipping goods, he warned.
Crashing supply chains have caused delays and financial loss for entrepreneurs throughout the pandemic, but industries are evolving as we continue to adjust to this change.
We don't have a crystal ball, but it's clear that future-ready supply chains need to be customer-centric, able to operate with agility, and use technology to do so profitably.
Coming from non-traditional backgrounds, immigrant and minority VCs are open to investing into overlooked niches. Three newly-established funds are aiming to foster sustainability within the global supply chain, which has recently been disrupted by the pandemic.
The new U.S. administration has a very different approach to international relations than the previous one. New tech tools mean companies are expected to know much more about their suppliers.
Manual processes create gaps and vulnerabilities within supply chains, while automated systems offer opportunities to accelerate innovation, boost revenue, enhance customer experience and quickly resolve problems.
Join us for this free webinar and learn what successful organizations are doing to manage their inventory and innovate in various areas of the supply chain.
By focusing on the fundamentals, even in crisis mode, organizational leaders can put the right people, processes and technology in place to tackle the most critical needs.