Middle East War Drives Supply Chain Pressures

The ongoing conflict in the Middle East has propelled global supply chain volatility to a three-year high, according to the GEP Global Supply Chain Volatility Index. This index monitors key indicators such as demand conditions, material shortages, transportation costs, and inventory levels. The heightened volatility underscores the significant impact of geopolitical events on international trade and logistics, creating challenges for businesses worldwide in managing their supply chains effectively and predictably.