Digitization of supply chains is one of the few investments that has the potential to improve both their efficiency and resilience and make them competitive.
The significance of environmental sustainability in supply chains has evolved from being just a compliance exercise to a corporate responsibility strategy.
By way of minimizing dependency on distant suppliers, shorter supply chains assist decreases logistics and tariff costs and increase supply chain resilience.
The EU will be able to attain its intended level of global strategic autonomy with the help of the Middle Corridor in moving supply chains throughout Europe.
Understanding how ICS2 will impact various supply chain organizations as well as being aware of when the new criteria need to be implemented is indeed crucial.
