APTEXPO 2024
From 2000 to 2020, Asia's population grew by an additional 1.7 billion people, which has brought challenges like inventory surpluses and inefficiencies. Export volumes increased by 50 billion units, with an estimated 70% of these products ending up in landfills or incineration facilities.
If left unaddressed, these could exacerbate system-level disruptions that affect consumers and their way of life. These challenges present an opportunity not only to responsibly minimise negative externalities and maximise operational efficiency alone in Asia but also to invest in innovation, growth, and long-term value creation in its supply chains.
Yet, reshaping and enhancing supply chain resilience is a complex, time-consuming, and costly exercise that requires the trust and cooperation of active supply chain and business partners.
ASEAN countries and the broader Asia-Pacific region are well placed to offer businesses, especially Asian brands, a unique opportunity to strengthen their supply chains, equipping them for a more sustainable future.