Inflation in most countries has soared to multi-year highs, driven by a rebound in economic activity and a further straining of rampant supply chain disruptions.
According to Kathleen O’Reilly, Global Lead, Strategy, Accenture, “The complexity of supply chain challenges continues to increase. Companies face instability caused by supply and material shortages, price inflation, logistics disruptions and labour constraints – all of which are exacerbated by the ongoing global pandemic and the shattered peace in Europe. The leaders of tomorrow will be those who seek new ways to respond, today.
In this article, we explore these four challenges and look at some ways to mitigate them.