The subject was reshoring, but Bindiya Vakil’s assessment could have applied to a number of manufacturing and sourcing dynamics discussed during last week’s “Uncovering Supply Chain Risk Concentrations in 2024” webinar.
“A lot of times, companies think they have de-risked,” said the CEO of Resilinc, a Milpitas, California-based provider of supply chain risk management research and analytics, “when they’ve just exchanged one set of headaches for another set of headaches.”
The webinar was hosted by RapidRatings, a New York-based software-as-a-service (SaaS) technology firm, and featured Vakil and Thomas W. Derry, CEO of Institute for Supply Management® (ISM®). They and RapidRatings executive chair James Gellert discussed such risk issues related to the economy, sustainability, geopolitics and more.
