In an interconnected and uncertain world, the role of regionalization in supply chain management is gaining prominence. A survey reveals that 30% of supply chiefs have shifted from a global to a regional model due to disruptions like natural disasters, geopolitical unrest, trade battles, and cyberattacks.
India's advancements in supply chain management, driven by initiatives like Atmanirbhar Bharat (self-reliance) and Make in India, highlight the benefits of regional manufacturing. These efforts, such as the Supply Chain Resilience Initiative and electronics manufacturing schemes, position India favorably for economic growth.
To enhance supply chain resilience, businesses can expand their supplier network, maintain strong ties with regional vendors, invest in technology for efficiency, and create robust backup plans. Regional supply chains have also been shown to reduce carbon footprints by up to 35%, promoting sustainability.
Regional supply networks contribute to
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As businesses face a changing environment, regionalization is recognized as a crucial force for resilience, responsiveness, sustainability, and compliance. Embracing this shift in supply chain dynamics can yield positive effects across geographies and industries.
Join our Executive Roundtable where we gather business executives in a board room format, together with a few speakers, to share some experiences but formost to discuss the challenges you may face, and the opportunities and experiences you can share. This is one of the most efficient ways to discover smarter ways of doing business, and at the same time share your experiences with others.
To share further insights we have invited top speakers who will share their experiences and participate in the roundtable.
NOTE PLEASE:
We can only accept executives who work in this field or who are affected by supply chains in the Sweden India bilateral corridor. Therefore all registrations are subject to approval. We thank you for your understanding. The meeting is in person, and not online.