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From Optimization to Resilience: Global Supply Chains after Covid-19 – How governments and companies will organize their future supply chains
One of the most transforming effects on the world economy for the past 30 years has been the creation of finely tuned supply chains. In a highly efficient manner, components often cross borders several times before they are assembled and sold to the end customer. «Designed in California, Assembled in China» has become the norm in today’s world. Supply chains were ever more optimized, while companies were able to cut their warehousing costs and free up «dead» capital.

Then SARS-CoV-2 hit. Manufacturing processes around the world ground to a standstill, because they were reliant on parts from Hubei Province in China, or from Lombardy in Northern Italy, or from the Alsace region in France. Western governments realized in shock that they lacked production capabilities for protective hospital equipment and that most of the base materials for the production of pharmaceuticals were sourced from China. Optimized supply chains turned out to be highly vulnerable to an exogenous shock like the Covid-19 pandemic.

Supply chains of the future will have to change. But how? Will there be a re-shoring, a burst of deglobalization and re-nationalization of production? Or will companies choose a strategy of redundant supply chains on different continents? To answer these and other questions, join the webcast with Agatha Kratz, Associate Director at Rhodium Group, in conversation with Mark Dittli, Editor of The Market NZZ.

This webcast is open to the public. You can register for the webcast to participate on the conference platform zoom. This offers you the possibility to comment and ask questions.

Jul 14, 2020 12:00 PM in Zurich

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Speakers

Agatha Kratz
@The Rhodium Group
Agatha Kratz is an Associate Director at Rhodium Group. Agatha coordinates Rhodium Group’s European activities and leads research on European Union-China relations and China’s commercial diplomacy. She contributes to Rhodium work on China’s global investment, industrial policy and technology aspirations. Agatha is a non-resident Adjunct Fellow of the Reconnecting Asia Project at the Center for Strategic and International Studies under the Simon Chair in Political Economy.
Mark Dittli
@The Market NZZ
Mark Dittli is a journalist and author in Zurich, specializing in financial markets and global economics. He is Co-Founder and Editor of The Market NZZ (themarket.ch), a new financial media platform that was launched in April 2019 in a joint venture with Neue Zürcher Zeitung. The Market NZZ publishes in-depth analytical and background articles as well as interviews on companies, global industry trends and macroeconomic issues.