There is significant evidence that supply chains have “normalized.” Delivery times are fast and overall demand is low. Many companies are now looking at “longer-term” supply chain planning and changes.
Some of these changes include multi-sourcing and digitizing supply chain operations.
Geopolitical events and resulting tariffs/sanctions could quickly change the supply chain landscape, however,
so it is more important than ever to be nimble with respect to strategic and tactical planning.
https://www.exitplanningexchange.com/wp-content/uploads/2023/09/Q3-2023—MFG-Consumables-Packaging-Newsletter.pdf