The age of building supply chains only around cost considerations is over. Companies are now redesigning their supply chain strategies to embrace greater flexibility, efficiency, and resilience.

Supply chain professionals scrambled to respond to a tumultuous 2021, during which constrained supply failed to match surging demand. The result was an “out-of-sync” supply chain and soaring business logistics costs.

Volatility, inflation, and surging demand caused U.S. business logistics costs to increase by 22.4% in 2021.