“The group gives us access to several forms of technology that play a crucial role in our evolution,” he said. “We are talking about technology that would not normally be within reach of a small company like ours. It gives us exclusive access to innovative solutions and a clear competitive edge over our rivals.”
Despite the supply chain woes, an uncertain economic outlook for the near future, and chatter about “deglobalization,” Michieli said he feels the interconnected supply chains built over the decades will be difficult to replace.
He called deglobalization a “Utopian, short-sighted idea” at odds with the “irreversible” push toward globalization.
“Numerous geographical areas contribute to the production cycles of items that are made today,” he said. “I'm more of a believer in rethinking the current supply processes and outlooks, which are in any case undergoing a natural evolution in the industry due to the new circumstances.”