Repercussions from the Russian war in Ukraine – notably energy shortages and exports from Ukraine – are potentially the most prominent cause of supply chain disruptions this year, according to JLL and Reuter Events' The State of European Supply Chains 2023 report.
More than two-thirds of the 171 occupiers surveyed in Europe flagged the two factors, while 54.5% cited inflation as an issue. Higher operational costs, inventory planning, warehousing needs, and sustainability are further key concerns for 2023.
Lisa Graham, head of industrial & logistics research for EMEA at JLL, said in prepared remarks that "potentially disruptive consequences of sanctions and the war in Ukraine are driving occupiers' decision making, according to the new report.
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