Save the date: December 7th 2021, 3pm GMT
Global supply chain disruptions aren't letting up. Some $10.4trn of global stimulus has unleashed a furious but lopsided rebound in which consumers are spending more on goods than normal, stretching global supply chains at their seams. Nearly 60% of pandemic-induced national export restrictions are still in place today. The tendency for countries to act out of self-interest is a natural instinct, but one that must be tempered with comprehension of the larger picture. Disrupting vital global production chains using export restrictions will be detrimental to everyone in the long run.
To add fuel to the fire, inflation is heating up in many parts of the world. In America prices leapt by 4.3% in the year to August, according to the Federal Reserve's preferred measure—a 30-year high. In the eurozone annual inflation hit 3.4% in September, the highest rate in over a decade. Some economists worry that the world economy is entering a period of "stagflation"—weak growth and high inflation—reminiscent of the 1970s.
Supply chain collaboration — between internal stakeholders and external partners — is essential to tackling these deep-rooted issues head-on.
- Where are the typical breaking points?
- What can be done to address them?
- How can teams and stakeholders collaborate efficiently?
- And what is the likely roadmap for easing covid-19 export restrictions and restoring trust and cooperation around the world?
| | | | | | Chaired by John Ferguson, Head of globalization, trade and finance practice at The Economist Group, the event will welcome the following experts: | | | | Pramod Gupta Vice-president, consulting GEP | Lynn Torrel Chief procurement and supply chain officer Flex | Moti Gyamlani Chief procurement officer and supply chain officer Ericsson | Pål Kildemo Executive vice-president and chief financial officer, Norsk Hydro ASA | | | | events@economist.com | #EconInnov | | | | |
