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Course for change: How the retail industry builds resilient supply chains

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Three pillars of supply chains that are fit for an unconventional world

Geopolitical conflicts, the impact of climate change and the increased frequency of natural disasters are exacerbating risks. Evolving trade relationships further complicate the situation, adding to the possibility of shortages or increased costs of retail goods and raw materials.

To deliver despite these disruptions, retailers must look at ways to rethink their supply chains and understand the ways to make them more resilient. For instance, 43% of retailers expect technology to become a "mission-critical" part of resilience within four to five years.

An insightful way forward is by looking at the strategies employed by resilient retail frontrunners and implementing these learnings in building supply chains that anticipate problems, are responsive to market demands and ensure uninterrupted movement of retail products to markets globally.

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