Key pillars of future- ready value chains2 Integrated sustainability, end-to-end collaboration and adoption of technology are essential pillars for future-ready value chains. To address challenges and uncertainties related to the driving forces that the manufacturing ecosystem will continue to navigate through 2050, the council designed a strategic framework outlining three notable dimensions considered essential in value chains of the future: integrated sustainability, end- to-end collaboration and technology adoption. The council views these dimensions as essential perspectives from which to understand and shape future-ready supply chains rooted in people, planet and prosperity. Integrated sustainability is vital for resilient supply chains, embedding environmental, social and governance (ESG) principles to mitigate environmental and social risks while adapting to regulations. This approach optimizes resources, reduces costs, meets consumer demands for responsible practices and provides competitive advantages through more efficient and ethical operations in evolving markets. End-to-end collaboration is crucial for future-ready supply chains, enhancing efficiency, agility and resilience throughout the value chain. It improves stakeholder coordination, minimizes delays and strengthens decision-making while enabling rapid responses to disruptions, inspiring innovation and ensuring regulatory compliance – prime advantages in a dynamic, interconnected marketplace. Technology adoption is pivotal for future-ready supply chains, enabling automation, real-time decisions and improved efficiency. Advanced technologies facilitate smarter forecasting, optimize resources and accelerate responses to market shifts and disruptions. This integration streamlines operations, maintains competitiveness, ensures scalability and meets evolving consumer expectations in today’s digital marketplace. Each of these dimensions includes a number of components, with indicators serving as their real-world measures: 1. Integrated sustainability –Environmental sustainability: e.g. greenhouse gas (GHG) emissions, circular economy, decarbonization and cradle-to-cradle product designs. –Social sustainability: e.g. human rights and labour practices, health, safety, well-being, diversity, equity and inclusion (DEI) and education and empowerment. –Supply chain governance: e.g. market integrity and standards, governance and compliance, ethics and anti-corruption and emissions monitoring and accounting. 2. End-to-end collaboration –Resource and process sharing: e.g. shared asset use, knowledge sharing and innovation, geographical industrial synergies and collaborative product and process management. –Real-time interconnectivity: e.g. real-time operations and monitoring, virtual workforce (internet-based), workforce augmentation and end-to-end supply chain integration. –Alignment with regulatory requirements: e.g. compliance incentives and guidelines, data- driven compliance monitoring, regulatory compliance and enforcement and cross-border and intergovernmental collaboration. 3. Technology adoption –Automation and autonomy: e.g. drones, robots/ cobots, autonomous vehicles and real-time process control. –Intelligence and self-learning systems: e.g. AI and generative artificial intelligence (GenAI), big data and advanced analytics, machine learning, deep learning, neural networks and quantum computing. –Connectivity and integration: e.g. sensor technology and internet of things (IoT), 5G networks, industrial metaverse and wearables and smart devices. From Shock to Strategy: Building Value Chains for the Next 30 Years 8

From Shock to Strategy 2025