One of the key lessons learnt during the pandemic and its aftermath, is that there is a need for increased resilience in supply chains. A survey conducted by the Business Continuity Institute showed that of the 526 responders across 64 countries, 34% of organizations reported an increased annual cost of €1 million or above, caused by supply chain disruptions.
Ever-changing challenges make it difficult and expensive for customers to have a global setup that is capable of monitoring possible global and regional risks to cargo movements. It’s understandable that many customers have and continue to prioritise resilience when planning their supply chains.
