ISM-Dallas roundtable discussion held on April 13, 2023

Geopolitical disruptions are casting doubt on supply chain stability. I participated in the ISM-Dallas roundtable discussion held on April 13, 2023. We had an interesting presentation by Troy Peterson who articulated the changing dynamics and impact of geopolitics on global supply chains, including disruptions brought about by the Covid-19-pandemic, rising inflation, and geopolitical conflicts. It is interesting to note that many companies are rethinking their reliance on China, diversifying their supply chains, or focusing on reshoring and nearshoring to improve resilience. Think about the implications of (1) the Covid-19 pandemic to commercial real estate businesses (2) foreign monetary changes and the quest for digital currencies (3) BRICS pulling forces to incorporate Saudi Arabia and Indonesia and (4) the quest for de-dollarization. I encourage you to read the book “Danger Zone: The Coming Conflict with China”. The future of supply chain management looks interesting.