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Three Key Trends: Supply Chain during Covid19
|by Alka Pandey|
While traditional supply chains are facing a more serious slew of unprecedented challenges, the modern supply chains are not spared either. Covid19 has exposed the vulnerabilities and the fragility of the existing supply chain ecosystem. The present situation has forced supply chain leaders to re-think existing strategies and mitigate bottlenecks arising due to dependencies on a geographical region, end to end traceability, a shift in consumer’s priorities, etc.
The above, however, is not an exhaustive list. Organizations are now looking for distributing workforce and business hubs to reduce overdependence on a particular country/region. We have witnessed and experienced the drawbacks of global dependence on China as the manufacturing hub.
Origianlly written June 21, 2000
|More by : Alka Pandey|
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