Escalating Challenges for Global Supply Chain Leaders: Impact of Geopolitical Volatility, Shifting Trade Policies and Other Disruptions

Key findings from the Descartes Supply Chain Intelligence Benchmark Survey 2024 highlight the evolving challenges in global trade. Rising tariffs and trade barriers, supply chain disruptions, geopolitical instability, and compliance with Environmental, Social, and Governance (ESG) regulations are the top concerns for businesses. 

Despite these challenges, many companies remain optimistic, prioritizing strategies such as leveraging technology, enhancing supply chain intelligence, and formulating risk-mitigation plans. This report explores how organizations are adapting and navigating trade complexities to ensure growth and long-term success in international operations.

Key takeaways from the research:

• 62% of respondents expect large-scale supply chain disruptions to become more frequent
• 48% rank rising tariffs and trade barriers as their top international trade challenge
• 41% cite geopolitical instability as a major concern for their operations
• 40% identify ESG compliance as a critical priority for long-term growth in global trade