Continued trade disruption and the challenge of supply chain diversification

Events / 25-06-21 / Share Link

With supply shortages and transport bottlenecks continuing to bite, the diversification and digitization of physical and financial supply chains has become a strategic priority for large corporate buyers, while challenges related to decarbonization and greater scrutiny on ESG are rapidly moving up the agenda.

This panel from GTR US 2021 Virtual, featuring Jonathan Richman (Managing Director, Head of US Trade Finance & Working Capital, Santander Corporate & Investment Banking), Ron Crean (Vice-President, Commercial, Windward), Jonathan Wright (Global Head, Cognitive Process Re-engineering, IBM), Andrew Wilson (Global Policy Director; Permanent Observer to the United Nations, International Chamber of Commerce (ICC)), and Rosemary Coates (Executive Director, Reshoring Institute), contrasts perspectives on the immediate supply chain challenges faced in the current trade climate, and assesses the multi-faceted issue of strategic diversification: How is this impacting the make-up of physical and financial supply chains, and what does this mean for US suppliers? What role can tech play in mitigating physical disruption, and how can the finance sector best support corporates’ physical trade and trade financing operations?