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Shaping Southeast Asia's supply chains in 2022

Mindy Tan
Published Thu, Apr 14, 2022 · 03:36 PM — Updated Thu, Apr 14, 2022 · 03:36 PM
    • Ms Apoorva Bansal who does digital marketing at YSG – the e-commerce arm of logistics firm YCH – needed a few months of on-the-job training to learn the ropes of handling online marketplaces and familiarise herself with logistics jargon.
    • Ms Apoorva Bansal who does digital marketing at YSG – the e-commerce arm of logistics firm YCH – needed a few months of on-the-job training to learn the ropes of handling online marketplaces and familiarise herself with logistics jargon. The Straits Times

    The abrupt arrival of Covid-19 disrupted supply chains massively, creating bottlenecks that stymied the seamless flow of goods and raw materials that powers the global economy. As the effects of disruptions including the pandemic continue to reverberate, businesses in Asia Pacific, Southeast Asia included, have pivoted their supply chain strategies to address the ongoing disruptions. The current crisis in Ukraine demonstrates the need for businesses to further enhance resilience and respond as required to further supply chain disruption.

    Today, we’re observing an enhanced focus on supply chain resilience, including steps that mitigate risk and insulate against additional shocks. This places the region’s businesses in a stronger position to seize growth opportunities as the global economy recovers. Aligned with megatrends such as the e-commerce boom and the increasing diversification from China, there are clear pathways for the supply chain industry to accelerate Southeast Asia’s long-term economic potential and emergence as a global logistics hub.

    Following the conclusion of the first quarter, it is timely to examine the key developments set to shape Southeast Asia’s supply chain landscape in 2022 and how organisations can best adapt to meet new business requirements.

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