Global value chains continue to face challenges ranging from the climate crisis to geopolitical headwinds and next-generation technologies. Manufacturers must decide how best to reconfigure their supply chains to safeguard their operations well into the future.

Last year’s report, A Global Rewiring: Redefining Global Value Chains for the Future, produced by the World Economic Forum in collaboration with Kearney, identified five trends shaping the rewiring of global value chains, including a shift to a digital-first model of operations, greater focus on customer value, and greater emphasis on skills and innovation.

This white paper notes the developments in these five trends over the past year, drawing on insights from over 300 global operations executives and over 30 consultations. It outlines strategies that represent a playbook of proven best practices and can enable global value chains to navigate future market turbulence while encouraging a step-change in collaboration between the public and private sectors.

Report by the World Economic Forum