We are living in a brave new world.
“During recent years, the escalating cost burden of managing global supply chains has led many companies to reconsider their approach. The latest protectionist tendencies from governments further exacerbate the complications and challenges, increasing the appeal of near-shoring and on-shoring strategies,’’ according to industry analyst Mark Millar.
Once upon a time logisiticians were able to rely on governments to deliver an environment of stability. Those days are over. The risk/cost trade space has realigned.
I had a professor who once advised, "If you can't solve the problem, change the problem." In the current global environment it makes sense to listen to that advice.