This article discusses key supply chain trends for 2024, including improved decision-making, digitization, risk management, blockchain implementation, generative AI impacts, microservices adoption, cloud operations growth, and evolving use of labor management tools. It emphasizes the importance of data-driven and decision-driven approaches in business.

At the height of the pandemic, there were numerous calls for decoupling from China to protect national interests. As supply chain challenges eased and cooler heads prevailed, calls for decoupling decreased, but admonitions to de-risk supply chains increased. De-risking supply chains often means creating shorter ones.

This article discusses the looming global water crisis driven by climate change, population growth, and uneven distribution. It emphasizes the risks to businesses and calls for a multi-pronged approach involving governments, industries, and NGOs to manage water more efficiently and sustainably.

The term “globalization” has fallen out of favor, but global trade remains a hot topic. Globalization is all about flows. The flow of people. The flow of capital. The flow of resources. The flow of goods and services. The flow of data. And the flow of ideas. Most of these flows face challenges. McKinsey & Company analysts conclude, “To negotiate an era that may be more complex and challenging requires a deeper understanding of the full picture of global flows, their networks and evolution, and potential scenarios for the future. Looking at the entire range of global flows, it is clear that the world is not defaulting to deglobalization, but that global connections are reconfiguring.”