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The cost of supply chain disruption in the Eurozone across 2022-2023 could amount to: €242 billion (2% of GDP) in an ongoing war scenario, or €920 billion (7.7%) in a protracted war scenario. Several factors are exacerbating the shock to supply:
- energy prices and inflation
- raw material shortages and logistics breakdowns
- talent shortages
The most complex and enduring supply chain disruptor is the talent challenge: the skills the world needs are changing, along with demographics and employee expectations.