The COVID-19 pandemic highlighted the interconnected nature of global supply chains, and showed how a disruption in one part of the world can have global effects. In 2021, supply disruptions were cost the global economy an estimated $1.9 trillion.
Dr Jag Srai on finding unexpected ways around a problem and putting new supply chain thinking into practice with global companies.
Researchers are working with pharmaceutical companies to make improvements across the whole supply chain, from how a pill is made to the moment it is swallowed by the patient.
A new book suggests there is early evidence of a coming U-turn in the globalisation of manufacturing – and that the story we are told about the direction of the global economy is wrong.
Dr Jag Srai, Head of the Centre for International Manufacturing at Cambridge's Institute for Manufacturing, and colleagues are developing new ways to help companies embrace the challenges and opportunities of digitalising the extended supply chain. Here, he provides a glimpse of this digital future.
Jinchen Hou from the Institute for Manufacturing comments on how members of complex supply chains can form alliances, in order to unlock the innovation that’s often hiding within individual companies.
In this age of rapid and escalating change, what can businesses do to flourish? Take a look at their supply chains, say researchers in the Centre for International Manufacturing, based on their research in the UK and India.
Helping big businesses consider their impact on the environment is leading to a re-evaluation of activities to combine profitability with sustainability.
Threats that cause supply chains and other networks to break down can cascade through today’s interconnected world of social, economic and financial interaction. New research is redefining this global risk to help businesses and governments build resilience.
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