Top Supply Chain Trends in Q4 2022 and What to Expect in 2023

Q4 of 2022 was a turbulent three months in which we witnessed geopolitics events, extreme demand shifts, commodity shortages, and cyberattacks that majorly impacted the global supply chains. China and Taiwan tensions increased in Q4 causing serious concerns for the semiconductor industry with the exposed vulnerability of TSMC. Additionally, critical commodities such as aluminum, nickel, and chrome faced severe demand fluctuations, supply shortages, and price fluctuations due to high energy costs, inflation, and growing fears of a recession. Moreover, supply chains became more susceptible to cyber-attacks, having increased drastically in the past year. With 2023 officially in full swing, which potential disruptions will hamper global supply chains the most?