Watch the author describe his take on critical supply chain threats in
his most current NBC/WPXI-Pittsburgh interview.
The global supply chain is broken. Because COVID-19 brought this issue
to the forefront, many assume that the pandemic is the reason for the
collapse. It is not. Instead, four MaxTrends(TM) are largely responsible
for the transformations already underway. Transforming the Global
Supply Chain describes these MaxTrends(TM) in detail--the growing
presence of cyber threats, the revolutionary impact of 3-D printing, the
rapid adoption of robotics, and the new ways nations everywhere are
seeking to protect their domestic economies from foreign competitors.
For many reasons, the biggest casualty over the next five years will be
China. Some companies are already beginning the process of moving their
supply chains out of China to other locations in Southeast Asia, India,
and the Americas. Those U.S. companies that are aggressively reacting to
economic and political pressures by reshoring their supply chains back
to America are poised to be the most successful over the long run.