Geopolitical tensions, automation and changing labour costs are triggering a profound re-evaluation of sourcing strategies, including investment in re-shoring and friend-shoring for risk reduction. But the availability of key capabilities remains pivotal to decision-making. What are the determinants of today's global supply chain strategies, and what trade reconfiguration scenarios might impact these strategies in the short and long term? <i>This session is informed by the ongoing work of the Centre for Advanced Manufacturing and Supply Chains.<i>