Supply shortages, inflation and geopolitical tensions echo an era thought long past.

Over the past year or so, the world appears to be an episode of Back to the Future, with events eerily reminiscent of when I commenced my career in the 1970s. Some call the “good old days,” yet regardless of whether they were – and there’s some debate to that – they certainly appear to be back!

Cost pressure once again may become the industry’s biggest driver of change.

Necessity is the mother of invention, they say. Well, I am not sure necessity is the mother of all invention, but it can definitely be tied to a whole bunch, and probably has more than a few still to birth.