Impact of election year: Possible scenarios affecting the supply chain

As the U.S. prepares for a pivotal presidential election, procurement and supply chain teams are grappling with inflation, geopolitical risks, and potential disruptions. A recent survey shows one-third of executives view geopolitical uncertainty as a top organizational risk, highlighting the need for supply chains to adapt swiftly to unforeseen events, such as labor strikes. With new legislation likely post-election, companies must enhance their supply chain resilience through advanced technologies like AI and diversify suppliers to navigate volatility effectively and maintain operational efficiency.