The reality of global supply chains in recent years has been a sorry affair, but there’s reason for hope.
By their nature, supply chains are notoriously messy, complex and opaque. Fundamental issues remain hidden in the shadows, whether they be child and forced labor, deforestation or the impact of climate change. The outsourcing of production results in a lack of responsibility for poor conditions in facilities. And the failure to achieve visibility into multiple tiers of the supply chain reinforces that lack of accountability.
Access to critical data varies widely among companies.