Industrials Megatrends 2023

Key Highlights

The Industrials sector has experienced significant disruption over the past year.

Geopolitical tensions coupled with trade protectionism steps across the globe are forcing companies to re-strategise their whole supply chain. Ongoing energy challenges have also impacted businesses’ decarbonisation journeys and restricted the ability of most countries to move swiftly towards their net-zero goals.

To help Industrial procurement teams understand the key recent challenges, our new Industrials Megatrends 2023 infographic explores:

•   Decarbonisation and increasing focus on sustainable procurement practices
•   Supply chain volatility amid ongoing geopolitical disruptions, rising raw material costs and logistics challenges
•   Rising trade protectionism and its impact on global procurement activities
• How battery mineral-rich countries are planning to form cartels to drive prices and control the overall supply chain

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