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SolidWorld: “Supply Chain Among Companies’ Most Significant Risks”

SolidWorld: “Supply chain among companies’ most significant risks”


(Alliance News) – “Procurement problems and possible supply chain disruption represent the main fears of companies in facing this new year, the Allianz Risk Barometer 2023, the annual survey conducted by Allianz on the main risks perceived by companies globally, reveals,” SolidWorld Group Spa writes in a note. The ranking, now in its 12th edition, captures global perceptions of business risks through nearly 3,000 expert opinions from 94 countries, including CEOs, risk managers, brokers and insurance experts. As the note states, “Fear related to supply chain blockages affects 34 percent of respondents globally, even 37 percent at the Italian level. Looking specifically at sectors, the supply chain crisis is the main concern for the manufacturing sector (65 percent of respondents), construction and real estate, oil&gas, energy&utilities, renewable energy, chemical pharmaceutical and biopharmaceutical sectors.” SolidGroup emphasizes how soaring energy and transportation costs, shortages of raw materials and workforce-related uncertainty have put the concept of globalization to the test in recent months, highlighting its weaknesses, including precisely the supply chain. The crisis in global supply chains has pushed more and more companies toward the adoption of in-house 3D printing solutions and reshoring processes, complementary to the introduction of smart factory processes. “In this context, SolidWorld Group, a leading reality in the development and integration of the most modern and comprehensive 3D digital technologies, in software and hardware, can play a strategic role. Thanks to its unique know-how in the sector, it is in fact able to accompany manufacturing companies in all stages of this transformation, supporting them in the definition and implementation of strategies for automation , digitization and robotization of production and management processes and in the implementation of processes of domestic relocation of production, through the use of the most modern technologies, including 3D printers,” the company writes in theanota. SolidWorld on Thursday closed down 0.9 percent at EUR2.29 per share. By Maurizio Carta, Alliance News reporter Comments and questions to Copyright 2023 Alliance News IS Italian Service Ltd. All rights reserved.

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Daisie Hobson

Daisie Hobson is a Director at the Reshoring Institute and an engineer with many years of experience in manufacturing and project management.

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