Top Supply Chain Risks to Prepare for in 2025
As we step into 2025, the global supply chain landscape continues to grapple with evolving challenges. Everstream Analytics, leveraging its extensive data and AI-driven insights, has pinpointed the top five supply chain risks expected to impact operations this year. These risks, ranked by severity and likelihood, demand strategic foresight and proactive measures from businesses worldwide. Here’s a detailed look at these critical risks and actionable strategies to mitigate them. 1. Drowning in Climate Change (Risk Score: 90%) Overview: The ferocity and unpredictability of extreme weather events are increasing due to climate change. In 2024, flooding accounted for 70% of weather-related disruptions. Events like Hurricane Helene in the U.S. Appalachia region showcased the inadequacy of current infrastructure to handle unprecedented rainfall, causing significant disruptions across industries. Actionable Strategies: Conduct comprehensive r...