The crisis in the Red Sea, which has forced many ships to reroute around the Cape of Good Hope, has dramatically increased the carbon footprints of companies reliant on shipping, undermining their ability to hit Net Zero commitments.
The INVERTO Volatility Manager is an indispensable tool for managing procurement cost volatility. It analyses directand indirect cost factors and evaluates their impact on both component and portfolio level, while also taking country specifics into account.
Patrick Lepperhoff speaks to the BBC’s Asia Business Report on the Red Sea shipping disruption
What can companies do now and how can they protect themselves against supply bottlenecks and rising freight prices in the long term?
Nearshoring and reshoring remain enduring trends for participants of the latest INVERTO Nearshoring Study.
Companies are working on stabilizing global supply chains and considering restructuring options like nearshoring and friendshoring. INVERTO's survey, involving 95 decision-makers, shows that these trends are seen as long-term changes in procurement strategies.
In view of the growing complexity of crises today, it is no longer a question of whether companies should invest in digital risk management, but what their investment should cover and which tools it should call on.
