What strategies are businesses adopting to manage supply chain risks?
51%
use technology and increased visibility to tackle cyber threats
45%
rely on insurance and risk transfer products to manage cargo theft and physical security risks
42%
adopt friendshoring, onshoring and nearshoring
38%
diversify suppliers to offset rising material costs
37%
invest in storage solutions to hold materials longer as a way to address geopolitical uncertainties
30%
use operational strategies, such as stockpiling, to address the impact of tariffs and trade disputes
Source:
Gallagher Redrawing Global Supply Chains Survey
