Oliver Wyman
Industrial Supply Chain Resilience in the GCC
Pages
10
Time to read
14 mins
Publication
Language
English
Pages
10
Time to read
14 mins
Publication
Language
English
This technical report outlines the vulnerabilities of global supply chains, particularly in the industrial sector, and emphasizes the need for resilience amid various disruptions, including pandemics, natural disasters, and geopolitical tensions. It identifies critical minerals and manufactured goods, highlighting their geographical concentration and the risks associated with supply shortages. The report details the importance of supply chain resilience for sectors such as health and power, which rely heavily on timely deliveries of essential components. It presents a framework for enhancing supply chain resilience through strategic measures such as localization, near shoring, and international partnerships. The report also discusses the criticality and risk profiles of products, using transformers in Saudi Arabia as a case study to illustrate the application of resilience levers. Finally, it stresses the necessity for GCC countries to develop comprehensive strategies to ensure the sustainability of their industrial sectors in the face of ongoing global challenges.