{"id":1201,"date":"2020-10-25T22:45:00","date_gmt":"2020-10-25T22:45:00","guid":{"rendered":"https:\/\/flex-main.lndo.site\/resources\/is-your-supply-chain-ready-for-a-new-world"},"modified":"2024-01-08T22:24:56","modified_gmt":"2024-01-08T22:24:56","slug":"is-your-supply-chain-ready-for-a-new-world","status":"publish","type":"resource","link":"https:\/\/flex.com\/es\/resources\/is-your-supply-chain-ready-for-a-new-world","title":{"rendered":"\u00bfEst\u00e1 su cadena de suministro preparada para un mundo nuevo?"},"content":{"rendered":"<div id=\"overscroll-top\" style=\"background-color: #eaeef4;\"><\/div>\n<div class=\"resource-header block\">\n\t<div class=\"container\">\n\t\t<div class=\"breadcrumb\">\n\t\t\t<a title=\"Homepage\" href=\"\/\">Flex<\/a>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 384 512\"><path d=\"M365.3 256l-22.6 22.6-192 192L128 493.3 82.7 448l22.6-22.6L274.7 256 105.4 86.6 82.7 64 128 18.7l22.6 22.6 192 192L365.3 256z\"\/><\/svg>\n\t\t\t<a title=\"Resources\" href=\"\/resources\">Resources<\/a>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 384 512\"><path d=\"M365.3 256l-22.6 22.6-192 192L128 493.3 82.7 448l22.6-22.6L274.7 256 105.4 86.6 82.7 64 128 18.7l22.6 22.6 192 192L365.3 256z\"\/><\/svg>\n\t\t\t<a title=\"Is your supply chain ready for a new world?\">Is your supply chain ready for a new world?<\/a>\n\t\t<\/div>\n\t\t<h1>Is your supply chain ready for a new world?<\/h1>\n\t\t\t\t<div class=\"separator\"><\/div>\n\t\t<div class=\"details\">\n\t\t\t\t\t\t\t\t\t<div class=\"date detail\">\n\t\t\t\tPosted on<br>\n\t\t\t\toctubre 25, 2020\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"categories\">\n\t\t\t\t<div class=\"categories-wrapper\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"cat-tag\">Blog<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"cat-tag\" data-cat-level=\"2\" data-destination=\"\/solutions-and-services\/supply-chain#resources\" href=\"\/solutions-and-services\/supply-chain#resources\">Supply Chain<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t<\/div>\n<\/div>\n\n\n\n<div class=\"sidebar block normal-sidebar\">\n\t<div class=\"container\">\n\t\t<div class=\"content\">\n\t\t\t\n\n<p>Supply chains are being thrust onto center stage as never before. As a confluence of events has brought supply chains to various moments of reckoning over recent times, we dissect the ins and outs of rebalancing the manufacturing ecosystem in this blog series. In our first installment, we review the global landscape to size up the impetus for systemic change by restructuring our end-to-end production and distribution processes.<\/p>\n\n\n<div id=\"id_69d2e4be7217d\" class=\"media block\">\n\t<div class=\"container media-center \">\n\t\t<div class=\"media\" style=\"left: 0px; min-width: 100%; max-width: 100%;\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"image \">\n\t\t\t\t\t\t\t<img decoding=\"async\" alt=\"person standing in front of skyline\" src=\"https:\/\/flex.com\/wp-content\/uploads\/2022\/11\/is-your-supply-chain-ready-for-a-new-world-0.jpg\" title=\"\">\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\n\t<script>\n\t(function () {\n\t\tlet hasRun_id_69d2e4be7217d = false;\n\t\tfunction updateVideoDisplay_id_69d2e4be7217d() {\n\t\t\tconst youtubeVideoId = \"\";\n\t\t\tconst bynderID = \"\";\n\t\t\tconst mediaType = \"image\";\n\t\t\tconst mediaVideoElement = document.getElementById('media-video-id_69d2e4be7217d');\n\t\t\tconst bodyClass = document.body.className || '';\n\t\t\tconst match = bodyClass.match(\/translatepress-([a-z]{2})(?:_[A-Z]{2})?\/i);\n\t\t\tconst currentLanguage = match ? match[1].toLowerCase() : 'en';\n\t\t\tconst isChineseLang = currentLanguage === 'zh';\n\t\t\tconsole.log('isChineseLang:', isChineseLang);\n\t\t\tconsole.log('Language detected:', currentLanguage);\n\t\t\tconst isValidYouTube = youtubeVideoId && \/^[A-Za-z0-9_-]{11}$\/.test(youtubeVideoId);\n\t\t\t\n\t\t\tif (!mediaVideoElement || mediaType !== \"video\") return;\n\t\t\tmediaVideoElement.innerHTML = ''; \/\/ Clear existing content\n\t\t\t\n\t\t\tlet videoSourceClass = 'fallback-error';\n\t\t\t\n\t\t\tif (isChineseLang) {\n\t\t\t\tif (bynderID) {\n\t\t\t\t\tvideoSourceClass = 'bynder';\n\t\t\t\t}\n\t\t\t} else {\n\t\t\t\tif (isValidYouTube) {\n\t\t\t\t\tvideoSourceClass = 'youtube';\n\t\t\t\t} else if (bynderID) {\n\t\t\t\t\tvideoSourceClass = 'bynder';\n\t\t\t\t}\n\t\t\t}\n\t\t\t\n\t\t\t\/\/ Apply layout class (used in SCSS)\n\t\t\tmediaVideoElement.className = 'video ' + videoSourceClass;\n\t\t\n\t\t\t\/\/ CASE: Chinese language\n\t\t\tif (isChineseLang) {\n\t\t\t\tif (bynderID) {\n\t\t\t\t\t\/\/ Load Bynder\n\t\t\t\t\tif (!document.getElementById('bynder-widgets-js')) {\n\t\t\t\t\t\tconst script = document.createElement('script');\n\t\t\t\t\t\tscript.src = 'https:\/\/d8ejoa1fys2rk.cloudfront.net\/bynder-embed\/latest\/bynder-embed.js';\n\t\t\t\t\t\tscript.id = 'bynder-widgets-js';\n\t\t\t\t\t\tscript.setAttribute('data-account-url', 'https:\/\/brandcenter.flex.com');\n\t\t\t\t\t\tscript.setAttribute('data-language', 'zh');\n\t\t\t\t\t\tdocument.body.appendChild(script);\n\t\t\t\t\t}\n\t\t\n\t\t\t\t\tconst bynderDiv = document.createElement('div');\n\t\t\t\t\tbynderDiv.id = 'bynder-id_69d2e4be7217d';\n\t\t\t\t\tbynderDiv.className = 'video-bynder';\n\t\t\t\t\tbynderDiv.setAttribute('data-bynder-widget', 'video-item');\n\t\t\t\t\tbynderDiv.setAttribute('data-media-id', bynderID);\n\t\t\t\t\tmediaVideoElement.appendChild(bynderDiv);\n\t\t\n\t\t\t\t\tsetTimeout(() => {\n\t\t\t\t\t\tif (typeof BynderEmbed !== 'undefined' && typeof BynderEmbed.load === 'function') {\n\t\t\t\t\t\t\tBynderEmbed.load();\n\t\t\t\t\t\t}\n\t\t\t\t\t}, 500);\n\t\t\t\t} else {\n\t\t\t\t\t\/\/ No Bynder = error (even if YouTube is valid)\n\t\t\t\t\tshowVideoError();\n\t\t\t\t}\n\t\t\n\t\t\t\/\/ CASE: Not Chinese\n\t\t\t} else {\n\t\t\t\tif (isValidYouTube) {\n\t\t\t\t\tconst iframe = document.createElement('iframe');\n\t\t\t\t\tiframe.id = 'youtube-id_69d2e4be7217d';\n\t\t\t\t\tiframe.className = 'video-youtube';\n\t\t\t\t\tiframe.src = 'https:\/\/www.youtube.com\/embed\/' + youtubeVideoId + '?rel=0';\n\t\t\t\t\tiframe.frameBorder = '0';\n\t\t\t\t\tiframe.playsInline = true;\n\t\t\t\t\tiframe.allow = 'encrypted-media';\n\t\t\t\t\tiframe.allowFullscreen = true;\n\t\t\t\t\tmediaVideoElement.appendChild(iframe);\n\t\t\t\t} else if (bynderID) {\n\t\t\t\t\t\/\/ Load Bynder (fallback if no YouTube)\n\t\t\t\t\tif (!document.getElementById('bynder-widgets-js')) {\n\t\t\t\t\t\tconst script = document.createElement('script');\n\t\t\t\t\t\tscript.src = 'https:\/\/d8ejoa1fys2rk.cloudfront.net\/bynder-embed\/latest\/bynder-embed.js';\n\t\t\t\t\t\tscript.id = 'bynder-widgets-js';\n\t\t\t\t\t\tscript.setAttribute('data-account-url', 'https:\/\/brandcenter.flex.com');\n\t\t\t\t\t\tscript.setAttribute('data-language', currentLanguage);\n\t\t\t\t\t\tdocument.body.appendChild(script);\n\t\t\t\t\t}\n\t\t\n\t\t\t\t\tconst bynderDiv = document.createElement('div');\n\t\t\t\t\tbynderDiv.id = 'bynder-id_69d2e4be7217d';\n\t\t\t\t\tbynderDiv.className = 'video-bynder';\n\t\t\t\t\tbynderDiv.setAttribute('data-bynder-widget', 'video-item');\n\t\t\t\t\tbynderDiv.setAttribute('data-media-id', bynderID);\n\t\t\t\t\tmediaVideoElement.appendChild(bynderDiv);\n\t\t\n\t\t\t\t\tsetTimeout(() => {\n\t\t\t\t\t\tif (typeof BynderEmbed !== 'undefined' && typeof BynderEmbed.load === 'function') {\n\t\t\t\t\t\t\tBynderEmbed.load();\n\t\t\t\t\t\t}\n\t\t\t\t\t}, 500);\n\t\t\t\t} else {\n\t\t\t\t\t\/\/ No valid YouTube or Bynder = error\n\t\t\t\t\tshowVideoError();\n\t\t\t\t}\n\t\t\t}\n\t\t\n\t\t\tfunction showVideoError() {\n\t\t\t\tconst errorDiv = document.createElement('div');\n\t\t\t\terrorDiv.id = 'video-error-id_69d2e4be7217d';\n\t\t\t\terrorDiv.className = 'video-error';\n\t\t\t\terrorDiv.innerHTML = `\n\t\t\t\t\t<div>\n\t\t\t\t\t\t<h3>Video Unavailable<\/h3>\n\t\t\t\t\t\t<p>The content you\u2019re seeking is momentarily unavailable. We appreciate your patience and look forward to sharing it with you soon.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t`;\n\t\t\t\tmediaVideoElement.appendChild(errorDiv);\n\t\t\t}\n\t\t}\n\t\t\n\t\tfunction runVideoInjection() {\n\t\t\tif (hasRun_id_69d2e4be7217d) return;\n\t\t\thasRun_id_69d2e4be7217d = true;\n\t\t\tupdateVideoDisplay_id_69d2e4be7217d();\n\t\t}\n\t\t\n\t\t\/\/ Always run on front-end\n\t\tif (document.readyState === 'loading') {\n\t\t\tdocument.addEventListener('DOMContentLoaded', runVideoInjection);\n\t\t} else {\n\t\t\trunVideoInjection();\n\t\t}\n\t\t\n\t\t\/\/ Also run in editor if available\n\t\tif (typeof wp !== 'undefined' && wp.domReady) {\n\t\t\twp.domReady(runVideoInjection);\n\t\t}\n\t})();\n\t<\/script>\n\t\n\t<script>\n\t\tdocument.addEventListener('DOMContentLoaded', function () {\n\t\t\t\n\t\t\t\/\/ Get the block element by ID\n\t\t\tvar blockElement = document.getElementById(\"id_69d2e4be7217d\");\n\t\t\tif (!blockElement) return;\n\t\n\t\t\t\/\/ Reveal the block\n\t\t\t(function ($) {\n\t\t\t\tScrollReveal().reveal(blockElement.querySelector(\".container .media\"), {origin: \"bottom\", distance: \"20px\", opacity: 1, duration: 1000});\n\t\t\t\tScrollReveal().reveal(blockElement.querySelector(\".container .content\"), {origin: \"bottom\", distance: \"20px\", opacity: 1, duration: 1000});\n\t\t\t}(jQuery));\n\t\t});\n\t<\/script>\n<\/div>\n\n<div class=\"spacer block\" style=\"height: 24px;\">\n\t<\/div>\n\n\n<p>Amnesia and misaligned incentives may be among our worst enemies when it comes to building supply chain resilience for the long haul.<\/p>\n\n\n\n<p>History says we tend to return to business as usual in due course in the aftermath of a crisis. Naturally, this includes returning to the bias towards&nbsp;<a href=\"https:\/\/www.ideasforleaders.com\/ideas\/supply-chain-risk-diversification-vs-under-diversification\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">under-diversified supply chains<\/a>&nbsp;which has been identified in more than one&nbsp;<a href=\"https:\/\/ideas.darden.virginia.edu\/time-to-stress-test-supply-chains\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">study<\/a>. Following major disruptions, finding a solution to address them becomes top priority, and investments are made to fortify the supply chain, including diversifying the supplier base.<\/p>\n\n\n<div class=\"spacer block\" style=\"height: 24px;\">\n\t<\/div>\n\n<div id=\"id-69d2e4be89283\" class=\"box block content-width light-content es \" style=\"background-color: transparent; background-image: none;\">\n\t<style>\n\t\t#id-69d2e4be89283 > .container > .content {\n\t\t\tbackground-color: #006432ff;\n\t\t\tposition: relative;\n\t\t\tpadding-top: 48px;\n\t\t\tpadding-right: 60px;\n\t\t\tpadding-bottom: 48px;\n\t\t\tpadding-left: 60px;\n\t\t\tmargin-left: 0px;\n\t\t\tmargin-right: 0px;\n\t\t}\n\t\t@media (max-width: 1272px) {\n\t\t\t#id-69d2e4be89283.box.block.full-width > .container > .content {\n\t\t\t\tpadding-left: 0 !important;\n\t\t\t\tpadding-right: 0 !important;\n\t\t\t\tmargin: 0 !important;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 960px) {\n\t\t\t#id-69d2e4be89283 > .container > .content {\n\t\t\t\t\/\/padding-top: 24px;\n\t\t\t\tpadding-right: 30px;\n\t\t\t\t\/\/padding-bottom: 24px;\n\t\t\t\tpadding-left: 30px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t<div class=\"container\">\n\t\t<div class=\"content\">\n\t\t\t\n\n<h2 class=\"wp-block-heading has-medium-font-size\" id=\"h-flex-supply-chain-fast-facts\" style=\"font-weight:600\">Flex supply chain fast facts<\/h2>\n\n\n<div class=\"spacer block\" style=\"height: 24px;\">\n\t<\/div>\n\n<div id=\"id-69d2e4be7db18\" class=\"columns block\">\n\t<style>\n\t\t#id-69d2e4be7db18 .column, #id-69d2e4be7db18 .wp-block-acf-column {\n\t\t\tpadding: 0 30px;\n\t\t}\n\t\t\n\t\t#id-69d2e4be7db18 > .container.show-rules .column+.column, #id-69d2e4be7db18 > .container.show-rules .wp-block-acf-column+.wp-block-acf-column {\n\t\t\tborder-color: rgba(234, 238, 244, 1);\n\t\t}\n\t\t\n\t\t#id-69d2e4be7db18 .column, #id-69d2e4be7db18 .wp-block-acf-column {\n\t\t\t.code.block {\n\t\t\t\t.container {\n\t\t\t\t\t.tagembed-widget {\n\t\t\t\t\t\tmax-width: 600px;\n\t\t\t\t\t}\n\t\t\t\t}\n\t\t\t}\n\t\t}\n\t\t\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be7db18 > .container {\n\t\t\t\tdisplay: block;\n\t\t\t\tmax-width: 600px;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be7db18 > .container > .column, #id-69d2e4be7db18 > .container > .wp-block-acf-column {\n\t\t\t\tpadding: 36px 0 0 0 !important;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be7db18 > .container > .column:first-child, #id-69d2e4be7db18 > .container > .wp-block-acf-column:first-child {\n\t\t\t\tpadding: 0 !important;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be7db18 > .container.show-rules .column+.column, #id-69d2e4be7db18 > .container.show-rules .wp-block-acf-column+.wp-block-acf-column {\n\t\t\t\tborder-left: none;\n\t\t\t\tborder-top: 1px solid rgba(234, 238, 244, 1);\n\t\t\t\tpadding: 30px 0 0 0 !important;\n\t\t\t\tmargin-top: 30px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t<div class=\"container align-top show-rules\">\n\t\t\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-1k\">1k<\/h3>\n\n\n\n<p class=\"has-text-align-center\">supply chains<\/p>\n\n\n<\/div>\n\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-1m\">1M<\/h3>\n\n\n\n<p class=\"has-text-align-center\">component SKUs<\/p>\n\n\n<\/div>\n\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-16k\">16k<\/h3>\n\n\n\n<p class=\"has-text-align-center\">suppliers<\/p>\n\n\n<\/div>\n\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-500m\">$500M<\/h3>\n\n\n\n<p class=\"has-text-align-center\">freight spend<\/p>\n\n\n<\/div>\n\n\t<\/div>\n<\/div>\n\n<div class=\"spacer block\" style=\"height: 60px;\">\n\t\t<div class=\"rule\" style=\"background-color: #eaeef4; opacity: 1;\"><\/div>\n\t<\/div>\n\n<div id=\"id-69d2e4be8097a\" class=\"columns block\">\n\t<style>\n\t\t#id-69d2e4be8097a .column, #id-69d2e4be8097a .wp-block-acf-column {\n\t\t\tpadding: 0 30px;\n\t\t}\n\t\t\n\t\t#id-69d2e4be8097a > .container.show-rules .column+.column, #id-69d2e4be8097a > .container.show-rules .wp-block-acf-column+.wp-block-acf-column {\n\t\t\tborder-color: rgba(234, 238, 244, 1);\n\t\t}\n\t\t\n\t\t#id-69d2e4be8097a .column, #id-69d2e4be8097a .wp-block-acf-column {\n\t\t\t.code.block {\n\t\t\t\t.container {\n\t\t\t\t\t.tagembed-widget {\n\t\t\t\t\t\tmax-width: 600px;\n\t\t\t\t\t}\n\t\t\t\t}\n\t\t\t}\n\t\t}\n\t\t\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be8097a > .container {\n\t\t\t\tdisplay: block;\n\t\t\t\tmax-width: 600px;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be8097a > .container > .column, #id-69d2e4be8097a > .container > .wp-block-acf-column {\n\t\t\t\tpadding: 36px 0 0 0 !important;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be8097a > .container > .column:first-child, #id-69d2e4be8097a > .container > .wp-block-acf-column:first-child {\n\t\t\t\tpadding: 0 !important;\n\t\t\t}\n\t\t}\n\t\t@media (max-width: 1320px) {\n\t\t\t#id-69d2e4be8097a > .container.show-rules .column+.column, #id-69d2e4be8097a > .container.show-rules .wp-block-acf-column+.wp-block-acf-column {\n\t\t\t\tborder-left: none;\n\t\t\t\tborder-top: 1px solid rgba(234, 238, 244, 1);\n\t\t\t\tpadding: 30px 0 0 0 !important;\n\t\t\t\tmargin-top: 30px;\n\t\t\t}\n\t\t}\n\t<\/style>\n\t<div class=\"container align-top show-rules\">\n\t\t\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-25k\">25k<\/h3>\n\n\n\n<p class=\"has-text-align-center\">purchase orders executed daily<\/p>\n\n\n<\/div>\n\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-30\">30<\/h3>\n\n\n\n<p class=\"has-text-align-center\">countries we operate in<\/p>\n\n\n<\/div>\n\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-30b\">$30B<\/h3>\n\n\n\n<p class=\"has-text-align-center\">direct material spend<\/p>\n\n\n<\/div>\n\n<div class=\"column block\">\n\t\n\n<h3 class=\"wp-block-heading has-text-align-center no-margin\" id=\"h-10k\">10k<\/h3>\n\n\n\n<p class=\"has-text-align-center\">supply chain professionals<\/p>\n\n\n<\/div>\n\n\t<\/div>\n<\/div>\n\n\t\t<\/div>\n\t<\/div>\n<\/div>\n\n\n<div class=\"spacer block\" style=\"height: 24px;\">\n\t<\/div>\n\n\n<p>Over time, however, these costs become burdensome. As the returns on preparing for rare catastrophic events are seldomly immediate, managers often revert to their pre-crisis mode in a bid to gain cost savings. After all, financial targets and other corporate practices reward efficiency and low cost.<\/p>\n\n\n\n<p>As explained in one of the studies, we don\u2019t have enough experience planning for black swan events for the simple reason that they are rare. Because we lack an understanding of such shock events, we also tend to underestimate their impact and forget the lessons learned once they become a distant memory.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" id=\"h-will-be-it-different-this-time-nbsp\" style=\"font-weight:600\">Will be it different this time?&nbsp;<\/h2>\n\n\n\n<p>With COVID-19, however, we may have reached a tipping point to reengineer our end-to-end chains at scale. The contagion was an unprecedented globally destablizing event with its initial epicenter being China, the well-calibrated site of the world\u2019s manufacturing ecosystem. Today, the havoc wreaked by the pandemic is as fresh as ever. With reduced consumer demand for air travel, for instance, many are feeling the pinch of reduced cargo capacity as 40 percent of all shipments were handled by commercial aircraft pre-COVID.&nbsp;<\/p>\n\n\n\n<p>Even before the pandemic, powerful environmental, technological and political forces were already feeding an appetite to redesign corporate strategies and operations. The geopolitical undercurrents against open trade that preceded COVID-19 were motivating businesses to find ways to manage tariffs and other government-imposed cost regimes. Add to this the alarm bells that scientists and researchers have been sounding about various global risks which may finally be heeded in the wake of COVID-19 \u2014 and you have the ripest conditions yet to overcome entrenched human behavior and force a restructuring of corporate value chains at scale.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" id=\"h-cost-takes-a-back-seat-to-security-nbsp-nbsp\" style=\"font-weight:600\">Cost takes a back seat to security&nbsp;&nbsp;<\/h2>\n\n\n\n<p>The repeating cycles of forming a crisis response only to revert to the status quo may finally be broken in a world fraught with rising risks.<\/p>\n\n\n\n<p>Indeed, in the post-globalization era, it\u2019s no longer only about driving down costs and increasing efficiencies but ensuring reliability across the value chain. As the world\u2019s complexities and uncertainties continue to grow, so do risk exposures.<\/p>\n\n\n\n<p>On the climate change front, scientists have warned of more frequent and extreme weather events. Weather problems can severely compromise upstream and downstream inputs, from labor to critical infrastructures like roads and transport. Accordingly, business leaders are recognizing climate change fallouts. Climate issues now rank as the top five risks by probability for the first time since the World Economic Forum (WEF) began surveying stakeholders for its annual&nbsp;<a rel=\"noreferrer noopener nofollow\" href=\"http:\/\/www3.weforum.org\/docs\/WEF_Global_Risk_Report_2020.pdf\" target=\"_blank\">Global Risk Report<\/a>. Similarly,&nbsp;<a rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.weforum.org\/agenda\/2020\/10\/risks-for-doing-business-survey-unemployment-coronavirus\/\" target=\"_blank\">WEF\u2019s 2020 Regional Risks for Doing Business Interactive Map<\/a>&nbsp;shows environmental risks getting increased attention from executives. Notably, water scarcity also rose to prominence in the latest WEF global risk report, even though most businesses are still shrugging off this risk owing partly to the cheap cost of water.<\/p>\n\n\n\n<p>In the virtual realm, large-scale cyber-attacks can also cripple supply chains, and such attacks against businesses have become more damaging and frequent.&nbsp;<\/p>\n\n\n\n<p>As the pandemic has demonstrated, a crisis can wreak havoc on a global scale and over-reliance on a consolidated supply source can come at a high cost in times of disruption. With multiple uncertainties on the horizon, putting security measures in place against disruption may increasingly trump their implementation costs.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" id=\"h-the-hand-of-government-nbsp\" style=\"font-weight:600\">The hand of government&nbsp;<\/h2>\n\n\n\n<p>As supply chains have become a matter of national security in the aftermath of COVID-19, governments are addressing systemic risks in our chains and calling on businesses to cooperate.&nbsp;<\/p>\n\n\n\n<p>Last month, the European Union joined the chorus call for regionalization, amplifying the need for \u201cstrategic autonomy\u201d and \u201csecure raw materials supply&#8221; in a series of European Commission summits and communiques. These talking points are part of Europe\u2019s broader plan to develop resilient supply chains, strengthening raw materials sourcing within the region, and reducing dependencies on third countries. Also last month,&nbsp;<a rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.whitehouse.gov\/\" target=\"_blank\">President Trump issued an executive order<\/a>&nbsp;for the United States to develop a secure precious minerals production capabilities in partnership with industry. Meanwhile, Japan earlier this year earmarked funds to incentivize businesses to diversify their supply base throughout the world and repatriate their production ecosystems.&nbsp;<\/p>\n\n\n\n<p>The government\u2019s incentives and mandates \u2014 and disincentives like tariffs \u2014 have the potential to drive large-scale supply chain reorganization. Following a skirmish with China in 2010, for instance, Japan sought to reduce its Chinese rare earth materials imports which made up 58 percent of its total supply in 2019, down from 82 percent in\u00a0<a href=\"https:\/\/www.institutmontaigne.org\/en\/blog\/resilience-not-decoupling-critical-supply-chains-china-japan-relations\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">2010<\/a>.<\/p>\n\n\n\n<p>The upshot? Government can play well with the private sector through rational mandates and the right incentives.<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-medium-font-size\" id=\"h-offsetting-risks-and-trade-barriers-nbsp\" style=\"font-weight:600\">Offsetting risks and trade barriers&nbsp;<\/h2>\n\n\n\n<p>If the pandemic has taught supply chain managers anything, it is that over-dependence on any one partner, country or region can lead to critical issues and challenges. A diversified supplier base will usually cost more than a consolidated one; likewise, migrating a supply chain to regional markets also requires a hefty upfront investment. Yet the tradeoffs between security and costs must be weighed and failure to adapt in today\u2019s highly dynamic world could lead to poor outcomes with dire financial consequences.&nbsp;<\/p>\n\n\n\n<p>Given our increasingly complex and interconnected world, sudden shocks are more probable than ever. Every 3.7 years on average, businesses can expect a supply chain disruption that lasts at least a month, and the most serious of these can have severe financial consequences, according to a&nbsp;<a rel=\"noreferrer noopener nofollow\" href=\"https:\/\/www.mckinsey.com\/business-functions\/operations\/our-insights\/risk-resilience-and-rebalancing-in-global-value-chains\" target=\"_blank\">2020 McKinsey analysis<\/a>.<\/p>\n\n\n\n<p>This forecast coupled with present trade barriers and imminent global risks presents an opportunity to take proactive measures. Devising a continuity plan before the next disaster strikes can help minimize supply chain disruption. Managers would also do well to assess their top risks and understand the corresponding risk profiles for each supplier. Businesses can take steps to earnestly plan for black swan events, capitalizing on the fresh lessons learned from COVID-19 to explore alternative ways forward.<\/p>\n\n\n\n<p>The critical precursor to tackling all the challenges facing supply chain managers will involve managing key tradeoffs \u2014 including striking a balance between security and costs so that your supply chain can withstand more frequent disruptions.<\/p>\n\n\n<div class=\"spacer block\" style=\"height: px;\">\n\t<\/div>\n\n\n<p class=\"link-arrow\"><a href=\"https:\/\/flex.com\/resources\/applying-supply-chain-resilience-levers\">Explore the tactics for building a resilient supply chain<\/a><\/p>\n\n\n\t\t<\/div>\n\t\t<div class=\"sidebar normal-column\">\n\t\t\t\t\t\t\t\t\t<div class=\"post\">\n\t\t\t\t\t\t\t\t<a title=\"Beyond returns: Why reverse logistics is a growth strategy, not a cost center\" class=\"image\" href=\"https:\/\/flex.com\/es\/resources\/beyond-returns-why-reverse-logistics-is-a-growth-strategy-not-a-cost-center\" target=\"_self\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" alt=\"Hallway of a warehouse with boxes stacked on shelves from floor to ceiling\" src=\"https:\/\/flex.com\/wp-content\/uploads\/2026\/03\/Beyond-returns_Featured-Image--540x304.jpg\" title=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"label\">\n\t\t\t\t\t\t\tBlog\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<a title=\"Beyond returns: Why reverse logistics is a growth strategy, not a cost center\" class=\"title\" href=\"https:\/\/flex.com\/es\/resources\/beyond-returns-why-reverse-logistics-is-a-growth-strategy-not-a-cost-center\" target=\"_self\">\n\t\t\t\t\tBeyond returns: Why reverse logistics is a growth strategy, not a cost center\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"post\">\n\t\t\t\t\t\t\t\t<a title=\"Revathi Advaithi: Transformation starts with culture\" class=\"image\" href=\"https:\/\/flex.com\/es\/resources\/revathi-advaithi-transformation-starts-with-culture\" target=\"_self\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" alt=\"Revathi Advaithi: Transformation starts with culture\" src=\"https:\/\/flex.com\/wp-content\/uploads\/2026\/03\/RevathiForbes2026_16x9-540x304.png\" title=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"label\">\n\t\t\t\t\t\t\tNews\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<a title=\"Revathi Advaithi: Transformation starts with culture\" class=\"title\" href=\"https:\/\/flex.com\/es\/resources\/revathi-advaithi-transformation-starts-with-culture\" target=\"_self\">\n\t\t\t\t\tRevathi Advaithi: Transformation starts with culture\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"post\">\n\t\t\t\t\t\t\t\t<a title=\"Closing the power efficiency gap in AI data centers\" class=\"image\" href=\"https:\/\/flex.com\/es\/resources\/closing-the-power-efficiency-gap-in-ai-data-centers\" target=\"_self\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" alt=\"Data Center Dynamics: Closing the power efficiency gap in AI data centers with Revathi Advaithi\" src=\"https:\/\/flex.com\/wp-content\/uploads\/2026\/01\/BeyondCapex_Flex.com-1-540x304.png\" title=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"label\">\n\t\t\t\t\t\t\tNews\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<a title=\"Closing the power efficiency gap in AI data centers\" class=\"title\" href=\"https:\/\/flex.com\/es\/resources\/closing-the-power-efficiency-gap-in-ai-data-centers\" target=\"_self\">\n\t\t\t\t\tClosing the power efficiency gap in AI data centers\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"post\">\n\t\t\t\t\t\t\t\t<a title=\"Higher voltage, higher stakes: Prioritizing worker safety in AI data centers\" class=\"image\" href=\"https:\/\/flex.com\/es\/resources\/higher-voltage-higher-stakes-prioritizing-worker-safety-in-ai-data-centers\" target=\"_self\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" alt=\"Person demonstrating worker safety in AI data centers by wearing safety glasses and gloves working on electrical wiring\" src=\"https:\/\/flex.com\/wp-content\/uploads\/2026\/02\/Higher-voltage-higher-stakes_1200x675-540x304.jpg\" title=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"label\">\n\t\t\t\t\t\t\tBlog\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<a title=\"Higher voltage, higher stakes: Prioritizing worker safety in AI data centers\" class=\"title\" href=\"https:\/\/flex.com\/es\/resources\/higher-voltage-higher-stakes-prioritizing-worker-safety-in-ai-data-centers\" target=\"_self\">\n\t\t\t\t\tHigher voltage, higher stakes: Prioritizing worker safety in AI data centers\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"post\">\n\t\t\t\t\t\t\t\t<a title=\"Scaling at speed\" class=\"image\" href=\"https:\/\/flex.com\/es\/resources\/scaling-at-speed\" target=\"_self\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" alt=\"Row of illuminated server racks inside a data center.\" src=\"https:\/\/flex.com\/wp-content\/uploads\/2026\/02\/Header-1-540x304.jpg\" title=\"\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<div class=\"label\">\n\t\t\t\t\t\t\tBlog\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<a title=\"Scaling at speed\" class=\"title\" href=\"https:\/\/flex.com\/es\/resources\/scaling-at-speed\" target=\"_self\">\n\t\t\t\t\tScaling at speed\t\t\t\t<\/a>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t<\/div>\n<\/div>\n\n<div class=\"spacer block\" style=\"height: 96px;\">\n\t<\/div>","protected":false},"excerpt":{"rendered":"","protected":false},"author":3,"featured_media":2555,"template":"","categories":[45],"tags":[],"content-type":[13],"class_list":["post-1201","resource","type-resource","status-publish","has-post-thumbnail","hentry","category-supply-chain","content-type-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/resource\/1201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/resource"}],"about":[{"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/types\/resource"}],"author":[{"embeddable":true,"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/users\/3"}],"version-history":[{"count":0,"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/resource\/1201\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/media\/2555"}],"wp:attachment":[{"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/media?parent=1201"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/categories?post=1201"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/tags?post=1201"},{"taxonomy":"content-type","embeddable":true,"href":"https:\/\/flex.com\/es\/wp-json\/wp\/v2\/content-type?post=1201"}],"curies":[{"name":"gracias","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}