A great supply chains reshuffle?

Globalised supply chains have been designed to source components from where it is most efficient to deliver these components at the time required, at the cheapest possible cost

There has been a lot of talk on how the Covid-19 shock would mean the end of global supply chains and accelerate the shift away from globalisation. Are we witnessing the beginning of a re-shoring of production for many sectors of activity? Are we moving from the era of “just-in-time” to the one of “just-in-case”, as the new buzzwords suggest? The key question is, to what extent what is going on with respect to supply chains is a direct result of Covid-19 and what reflects longer – structural – trends? 

Globalised supply chains have been designed to source components from where