Building Resilience: Investing In The UK’s Supplierchain For A Stronger Economy
22 Nov 2023
Keynote Theatre 3
The UK has a well-developed supplierchain, which plays a vital role in the country's overall economic performance. This chain consists of suppliers, manufacturers, wholesalers, retailers, and other intermediaries.
Investment in the UK's supplier chain is important for several reasons:
1. Economic growth
2. Innovation
3. Trade and exports
4. Resilience
5. Sustainability
The UK government plays a significant role in promoting investment in the supplier chain by creating a favourable business environment and providing incentives for companies to invest. However, the decision making of developing a supplierchain in a country depends on lots of factors beyond domestic policies.