CHAPTER 2

Megatrends of Future Disruptive Forces

Introduction

Overlapping factors, including geopolitical tensions, regulatory pressures, skills shortages, and climate change, now present major threats to supply chain operations.

Global supply chains have experienced ongoing and unprecedented disruption since 2020 (Bawany 2020). The challenges presented by a confluence of multiple factors have forced businesses across the world to reassess how products are moved around on regional, national, and international levels. As lockdowns were imposed across the world in 2020 to mitigate the spread of COVID-19, shockwaves were sent across the global supply chains. In particular, the pandemic-related disruption exposed the heavy reliance on China’s manufacturing ...

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