ABSTRACT

Financing Resilience in Post-COVID-19 Manufacturing and Supply Systems   [open pdf - 0B]

From the Introduction: "Supply chains have been disrupted and altered over the past years in an unprecedented way as a result of megatrends such as emerging technologies, trade tensions, sustainability imperatives and the reconfiguration of globalization. The COVID-19 [coronavirus disease 2019] pandemic has further exposed the fragility of global value chains. According to a recent World Economic Forum report in collaboration with Kearney, 76% of senior executives across different industries indicated that COVID-19 was a significant disruptor of their operations, affecting activity from both the supply and demand side. The future economic outlook is still uncertain, and disruptions from these megatrends will likely accelerate, continuing to threaten manufacturing and supply systems. Companies are now shifting towards increased collaboration and finding new solutions for more resilient and sustainable value chains, building the capabilities required to future-proof them. [...] This report aims to help inform decision-making on financing resilience across manufacturing and supply systems in the post-COVID world and to highlight new opportunities for collaboration. The following sections describe the findings of our consultations with senior executives in operations with respect to: [1] The emerging financial constraints raised by the COVID-19 pandemic as well as the response mechanism and financial support that were activated within manufacturing[;] [2] The investments needed for a reorganization strategy towards a more resilient global manufacturing ecosystem[;] [and] [3] The opportunity for a global response and coordination mechanism to be established, for the manufacturing community to help finance resilience in value chains[.]"

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Date:
2021-10
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Copyright:
2021 World Economic Forum
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World Economic Forum: https://www.weforum.org/
Media Type:
application/pdf
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