Component Sense Blog

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 Editorial 

Global Market Trends #3: Industry Forecasts and Predictions

At Component Sense, we value the importance of following global market trends and presenting up-to-date analyses to our customers. Parts One and Two of our Global Market Trends editorial series have investigated the reasons for current market trends, and detailed responses from our global industrial partners. In this third instalment, we are focusing on the most frequent forecasts and predictions for the future of supply chain management. Global industry leaders and analysts maintain that we are living in a period of “calm before the storm” — so what future is on the horizon for the international supply chain?

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Global Market Trends #1: How Did We Get Here?

In the final months of 2019, global media outlets began to report on a mysterious new respiratory virus that had infected workers in the Chinese province of Wuhan. Western populations were not, at that time, overly concerned — the outbreak was too far away to threaten much damage. There had been outbreaks of localised diseases in this part of the world before without international repercussions. Surely, this too would pass.

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