Businesses adopt "just-in-case" logistics amid trade tensions

Businesses are moving from "just-in-time" logistics to "just-in-case" logistics due to ongoing trade tensions and tariffs. This shift involves stockpiling extra products to avoid reliance on immediate supply chains. Trade credit insurance is also gaining popularity as a protective measure against customer defaults. This type of insurance now occupies a significant portion of time for risk advisors, reflecting a 20% increase in business this year. The changes indicate a growing trend towards preparedness in an unpredictable global trade environment. Companies are adapting their strategies to mitigate risks associated with supply chain disruptions.