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Global situation accelerates rethinking processes

The pace at which changes in society and technology are influencing the working environment is accelerating. The Covid-19 pandemic, in particular, has not only had a permanent effect on altering our working practices, it has also changed consumer behaviour.

Similarly, regional occurrences such as the war in Ukraine, the attacks on commercial ships in the Red Sea by Houthi rebels and ship accidents along the Suez Canal are having global consequences on shipping routes and the supply chains of market participants. Consequently, many companies are attempting to increase their resilience by adapting their procurement strategies accordingly, as recent figures show.

Other trends prove: whereas the number of ship losses has fallen worldwide, there has been a slight increase in the number of pirate attacks in 2023. In Germany, the lion’s share of goods is still transported by road. Finally, figures show that some groceries were more popular than the notorious toilet paper drama during the first coronavirus lockdown …

Icons: Flaticon.com, Sources: Statista, Destatis 2023, ifo Institut für Wirtschaftsforschung an der Universität München 2024, Supply Chain Pulse Check, Deloitte 2023, AGCS-Safety-Shipping-Review 2023, Statista 2024