Report projects situations that will influence supply chain in 2023

The year 2022 was particularly challenging for the supply chain, which was affected by the consequences reminiscent of the pandemic and the conflict between Russia and Ukraine, which forced the redesign of new transportation routes and trade strategies. Currently, in addition to the aforementioned problems, there are the dangers of inflation and recession, which, according to various forecasts, will worsen in 2023.

Container xChange 's survey of supply chain business leaders on the factors they see as threats to their companies starting in 2023 resulted in the Container LogTech 2023 report. The report, which addresses supply chain thinking among business leaders, found that respondents are most fearful of inflation and recession (88%), the consequences of the Russia-Ukraine war on the supply chain (57%) and the impact of the Covid outbreak in China (53%).

The report also delves into the options presented as supply chain risks for companies, where different global factors that can make changes in the functioning of the supply chain are presented.

Supply chain risk factors in 2023 

The report points out that strikes by workers in the logistics sector and the decrease in money available to companies will exacerbate these problems, which directly cause disruptions in supply chains. and the decrease in money available to companies will exacerbate these problems, which directly cause interruptions in supply chains. These strikes and protests have arisen in different countries due to the rise in fuel and food prices following the war between Russia and Ukraine, and the stagnation in the salaries of workers in the sector.

The unrest generated by dockworker strikes in various countries such as the United Kingdom, South Africa and Spain had major consequences such as the detour or delay of cargoes globally during 2022. However, the continuation of these through 2023 threatens worse financial and supply disruptions. 

Other factors that will affect supply chains this year include declining trucking rates, which will continue to decline in 2023. As the market has a large available freight capacity this year, trucking rates will be affected. There is a risk that small trucking and transportation companies will close.

Finally, in order to avoid manufacturing and shipping delays related to confinement, companies will move away from highly globalized supply chain models and opt for Nearshoring to balance supply chains to increase flexibility and resilience.