The Global Supply Chain ConundrumThe global supply chain model, long praised for its cost efficiency, has experienced significant strains in the past few years. This U.S. plant will help LEGO reduce the complexity of its global supply chain and meet rising demand in North America. Companies that are able to strike the right balance between cost efficiency and supply chain reliability will be well-positioned to thrive in an increasingly uncertain world. For businesses, the message is clear: supply chain flexibility and security have become critical competitive advantages. Kate Wegrzyn is a partner, business lawyer and chair of the firm’s Supply Chain Team.

Source: The North Africa Journal November 21, 2024 15:29 UTC