The Unintended Consequences of Globalized Supply Chains: A Call for Local Resilience

Feb 20, 2025 - 10:38
Feb 20, 2025 - 10:42
 0
The Unintended Consequences of Globalized Supply Chains: A Call for Local Resilience
Photo:Courtesy.

By Robert Mutasi 

It is no secret that globalization has greatly contributed to economic growth and enabled connectivity with the world, but apart from the web of global supply chains to promote efficiency, it has revealed high limitations. 

For example, the disruption from disasters such as Covid-19 to geopolitics thus causing an increase in the price of goods and which is unpredictable, a shortage of supply, and a decline in an unstable economy

Our excessive dependence on these complex and territorial structures puts us in a weak position for external parameters. 

Natural disasters in one country can rapidly disrupt production around the world. 

The COVID-19 pandemic is an excellent example of this weakness, pointing to the limitations and serious limitations of our hyper-connected supply chains. 

The continued dependence on remote distribution causes the economic structure to become weaker. 

The natural unpredictable events of the world show us and teach us the lesson of presence for the importance of focusing our energy on large-scale regional production and production on the ground. 

Embracing regional and local production is not a separate Ali except to build a dependent economy with good crops and a good structure. 

The distribution of different channels, materials that came from the grassroots and strengthened regional relations can save the economy from external waves. 

By supporting and strengthening local or domestic industries and promoting innovation in local supply chains, we do not have the most important things to fulfill this promise. 

Investing in domestic infrastructure such as sanitation and manufacturing equipment plays a very important role in increasing production and reducing dependence in areas of the world that are at risk of becoming weak. 

The transfer of production to the grassroots will require large and meaningful investment but it will pay a lot for strengthening the economy, national security and creating a good environment for the nation. 

Prioritizing local production is one way to reduce the environmental impact of long-distance transportation. 

By strengthening local businesses and reducing domestic production, we can create jobs and increase income levels in society. 

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow