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Energy Demands Are Rising But Supply Chains Are Ill-Prepared
A recent Prologis survey of 1,816 global executives found that 89% experienced energy-related disruptions in the last year, prompting many to believe the next major supply chain crisis will stem from unreliable energy.
With AI leading the future of many supply chains, energy demand is surging. Prologis, a San Franciso, California-based industrial real estate company, reported that companies are now reconsidering their supply chain geography, prioritizing locations with the most reliable energy networks.
The report also highlighted the current unpreparedness of the sector, with only 27% of organizations having “advanced power resilience”, while more than half of the companies admit that they are ill-equipped to handle extended power losses.
According to Susan Uthayakumar, Prologis’ chief energy and sustainability officer, “Energy is the new fault line in global supply chains…The companies that solve for energy resilience will be the ones that stay ahead.”
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