The Most Important Supply Chain Trends for 2023

Welcome to the December 2022 edition of Global Value Chain Chronicle. In this issue, we’ll examine insights from the past year that will be important for navigating supply chain trends in the year ahead.  

In 2023, supply chain issues are still going to take center stage. To succeed, companies will have to balance their resources between mitigating supply chain disruption and capitalizing on investment opportunities.  

 Read on for our most important insights for 2023.  

 Semiconductor onshoring: National Economic Semiconductor Roadmap 

Semiconductor onshoring will continue to be a major focus for industry leaders and the federal government in 2023, kicking off with the opening of the CHIPS For America Act application process. To help guide the industry’s future, educators and stakeholders to build a semiconductor roadmap which acts as a guide for aligning U.S. semiconductor strategy across four domains: infrastructure, supply chain, workforce, and entrepreneurship. By following the roadmap, the U.S. could more than double its market share of global semiconductor manufacturing capacity. Get the roadmap to get a head start on American semiconductor manufacturing in 2023. 

 5 Megatrends That Will Reshape Global Supply Chains in the Next Decade 

Supply chains across the globe have been hampered by myriad challenges. From labor shortages to climate change, it’s easier to count the factors not contributing to disruption than to list all the challenges that have. Among the many issues at play, five trends have stood out that will shape supply chains not just in the next year, but over the next decade. Read the insight to start the new year off with a bird’s-eye view of what opportunities and challenges lie ahead. 

 4 Reasons To Align Your Supply Chain and Tax Strategies 

As companies plan major shifts to their supply chains, they need to consider the tax implications. Most businesses do not include tax executives in supply chain planning and are missing out on an opportunity to make more tax-efficient supply chain decisions. When tax and supply chain strategy operate in sync, companies can mitigate tax risk, optimize total tax liability and improve the speed and efficiency of decision-making. Learn more about how to align your supply chain and tax strategies.  

 A silver lining of the last few years is that companies have learned how to succeed amid constant change and uncertainty. Next year companies must continue to mitigate the impacts of disruption while finding new opportunities for competitive advantage and growth.  

Here’s to a successful 2023.