Throughout the years, the manufacturing industry has proven itself to be incredibly resilient, withstanding a wide range of challenges. From navigating the increasingly complex labyrinth of global trade regulations to weathering economic storms, adapting to escalating environmental issues, and embracing the era of Industry 4.0 with its array of opportunities and challenges — the industry has remained steadfast. Now, a new challenge has resurfaced: extreme inflation is wreaking havoc on the entire supply chain. This mounting pressure is not merely another obstacle to be overcome, but it risks destabilising the fundamental economics of manufacturing enterprises globally.
