Trade and Investment

How to make fragile global supply chains stronger and more sustainable

A shipping container is pictured near a port.

Global supply chains have conventionally been focused on achieving financial efficiency above all else. The result is messy and fragile global supply chain systems. Image: Unsplash/William william

Mohammadreza Nematollahi
Postdoctoral Research Fellow, Business, University of Victoria
Cynthia Waltho
Postdoctoral Research Fellow, University of Victoria
Adel Guitouni
Associate Professor, International Business, University of Victoria
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Cargo container ships are seen anchored outside the Port of Los Angeles in San Pedro, Calif., in the fall of 2021.
Cargo container ships are seen anchored outside the Port of Los Angeles in San Pedro, Calif., in the fall of 2021. Image: AP Photo/Ringo H.W. Chiu

Shelves are nearly empty in the paper towel section of a Target store in the U.S. in August 2021 due to COVID-19 supply chain issues.
Fragile global supply chains are exacerbated by the fragmentation of decision-making processes. Image: AP Photo/David Zalubowski

Have you read?
a chart showing how we can improve supply chains carbon footprint
Many companies can multiply their climate impact by decarbonizing supply chains. Image: WEF: Net-Zero Challenge: The supply chain opportunity
Former fishing slaves who were rescued by the Indonesian government from the remote island of Benjina are seen following a 2015 investigation into slavery in the seafood industry.
The world needs robust supply chains that are founded on sustainability, collaboration, trust, transparency, visibility and diversification of supply. Image: AP Photo/Margie Mason

A driver for Safecare B.C. secures a load of personal protective equipment in a truck in Surrey, B.C. in April 2020
Responsible decision-making within supply chains has the potential to contribute to economic progress Image: Then Canadian Press/Jonathan Hayward

What is the World Economic Forum doing about blockchain in supply chains?

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Trade and InvestmentSupply Chains
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