Special evaluation of the AHK World Business Outlook Fall 2022
German business strengthens resilience in supply chains
The economic impact of the Corona pandemic and the Russian war on Ukraine poses many challenges for companies in their international locations. Disrupted supply chains and geopolitical risks are prompting them to critically review the resilience of their supply chains and locations.
Feedback from more than 3,100 companies surveyed by the AHKs as part of the AHK World Business Outlook Fall 2022 provides insight into how companies are responding to the challenges and in which regions they are looking for new suppliers or locations.
Special evaluation: Supply Chains
Supply chain disruptions not yet overcome
Currently, several indicators suggest that supply chain disruptions are improving. Freight rates for container prices are approaching normal prices again, congestion at international ports is slowly easing and the Federal Reserve Bank of New York's global supply chain index is approaching pre-crisis levels.
Expansion of the supplier network
The main reasons for looking for new suppliers are cost optimisation, which plays a role for almost two-thirds of the companies, and diversification or risk minimisation in the event of failures (62 percent). One third of the companies hope to gain easier access to raw materials and inputs through new suppliers.
Supplier network - reduce the risk & diversity
