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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

For example, when the conflict started to move outside of Gaza and into the Middle East, Yemen attacked ships in the Red Sea. Then, everything else becomes inventory. If it’s not easy to do business in China, companies will shift to Vietnam, India, or other countries that are easier to do business with. Life finds a way.’

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Navigating the Future in an Uncertain Political and Regulatory Environment

NC State SCRC

He also noted that many companies have a strong focus on globalization, as countries like Yemen, Mynamar, Cote D’Ivoire, and Mongolia have 7-8% growth rates. India and China are both growing at rates of 6-7% as well. Textiles in India is going up – but geopolitical risks are still very high in all of these regions.