Global supply chains gear up for overhaul next year, survey shows

The survey also showed concerns were broader than supply chains, with 51% of respondents saying their expect the environment for international trade to be harder next year

More than 40% of corporate decision-makers see an urgent need to overhaul their supply chains in 2023, with inflation, higher interest rates and weaker global trade acting as some of the stiffest economic headwinds, a new survey showed.
 

Just 11% of respondents in the HSBC Holdings Plc survey said transforming their supply chain wasn’t a priority next year, but 42% plan to do so and almost 47% see it as a priority at some stage in the future. Conducted by the research firm Toluna, the poll covered 2,170 executives at medium-size companies in 14 countries from Sept. 28 to Oct.