Fourkites and Reuters research highlights massive challenges facing European supply chains
To better understand the state of European supply chains, FourKites, a real-time supply chain visibility platform, partnered with Reuters Events to survey over 450 supply chain leaders across the continent, with particular emphasis on the United Kingdom, Germany, and the Netherlands. The responses represent a broad perspective of the concerns and challenges surrounding European supply chains, sustainability, and the role of real-time visibility in streamlining operations.
Coming in the midst of ongoing disruptions caused by COVID-19, State of the European Supply Chain: Logistics, Sustainability and Visibility Report 2022 reveals that the demand shock, labor shortages, port disruptions, and capacity constraints have accelerated the adoption of supply chain visibility solutions throughout Europe. However, while many companies have adopted new digital practices, more than 60 percent of European companies admitted they’re slow to react to changing trends in logistics technologies, according to the report.