Impact Of COVID-19 On Supply Chains Across The World
- Author Clarion Shipping
- Published November 4, 2020
- Word count 455
As the pandemic took its grip in China, the manufacturing industries underwent a lot owing to the lockdown of the common public, border & flight restrictions on China. Now, as the COVID-19 became a global pandemic, the whole world is under a dark cloud. It has spread to almost 210 countries as per the latest reports, devastating the economies of the countries.
Although the Chinese have achieved in flattening the curve in their own country and, Italy and Spain have partially overcome the crisis, the virus is wreaking havoc in the US and the United Kingdom now. The entire world has observed how the virus has brought many countries of the Global North to their knees.
Experts from WHO worries that the next target of the virus could be South Asia. Most politics fearing the spread have inflicted lockdown in their countries. Businesses around the world are undergoing an unprecedented crisis. Huge interruptions in the supply chain, manufacturing, closure of business, and problems in the supply network.
The supply chains across the world are suffering through both existential and short term challenges. Essential supplies involve food & medicines need to be moved, which is becoming a problem. The panic buying is resulting in shortage of availability, a hike in prices, and disruptions in the supply chain.
How Supply Chains are adjusting?
China has given hope to the rest of the world by preventing further extent in the country. But in reality, there is so much to do to recover from the economic crisis. It will take time for production companies to work like before & deliver better logistics solutions.
- New Policies:
Moreover, companies are seeking substitute ways to assure the effective working of the global supply chain. New policies, innovation, and a lot of hard work are required to make the supply chain more flexible.
- Secondary and Tertiary Suppliers:
Due to the lockdown & isolation, policies in several countries have caused some delays in the shipment of the products. Some companies are shifting to secondary or tertiary suppliers to fulfill the missed deliveries.
- Retooling:
Many organizations are choosing retooling. Replying to the hour of need, some companies are re-tooling production. The partners of Distilling companies are making hand sanitizers and disinfectants. Automobile manufacturers in China also made healing face masks to reduce the spread and to create the revenues and positive reputation of the company.
- Automation:
Many companies are automating their operations. Utilizing automation as an alternative for the labor workforce in the supply chain will help the companies a comprehensive deal. The automated vehicles, 3-D technology, and automation in the warehouse operations have determined to be really advantageous options now.
Are you looking for a trusted shipping service company in India? Get in touch with Clarion Shipping Services LLC.
Clarion Shipping Services is a Global Freight Forwarder, NVOCC and fully integrated Logistics and Supply Chain solutions provider with own offices worldwide and professional dedicated employees in its network.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- The Rise of a Crime Epic: How Animal Kingdom Transformed Australian Cinema and Launched Hollywood Careers.
- ✈️ Sun, Sand & Savings: Best Beach Retreats in Pattaya + Getaway Flight Deals 🏖️
- 🌴 Escape to Paradise: Top Tropical Retreats in Pattaya, Thailand 🌺
- “Inside the Squad Room: A Deep Dive into NYPD Blue and the Legacy of Detective Andy Sipowicz.”
- The Common Mistakes To Avoid When Creating An Emergency Response Plan
- How Do You Maintain Security in Cloud Computing?
- Modern Elegance Redefined – Why Choose Fehmi Lights’ Latest Chandelier Collection?
- How to deter pest birds from your home and garden
- ✈️ A Tourist’s Guide to Suvarnabhumi Airport (BKK): Everything You Need to Know
- Boris Karloff: The Man Behind the Monster.
- Thalidomide: A Drug with a Controversial History
- A Man Against the System: Al Pacino’s Arthur Kirkland and the Battle for Justice.
- Overconfident and Unprepared: Transcending the Horror of Pearl Harbor
- 🌴 Thailand in July: Holidays, Weather & What It’ll Cost You in 2025
- Molybdenum and Its Uses in Stainless Steel and Stainless Steel Fabrication
- Dreams in Ruins: Francis Ford Coppola’s Megalopolis and the Lost Art of Cinematic Vision.
- Design Focus: Bold Pantry Doors & Dramatic Powder Room Entrances That Elevate the Everyday
- Artistic Bohemian Farmhouse: Where Creativity Meets Rustic Calm
- Law & Order: The Everlasting Crime Drama and Its Changing Guard.
- Shattered Illusions: The Dark Side of Fame and the Toll of Hollywood.
- Lost in Space: A Sci-Fi Classic That Defied Gravity and Time.
- Umberto D.: Vittorio De Sica’s Heartbreaking Ode to Human Dignity.
- Feels Like Summer: Breezy Styles for Sun-Drenched Days
- Rooted in Whimsy: Maximalist Wall Paneling with Hand-Carved Doors
- Mass Communications Part V: Understanding Individual and Group Dynamics in Media
- Law & Order: The Everlasting Crime Drama and Its Changing Guard.
- Why Point Of Sale Merchandising Is A Retailer’s Secret Weapon
- Where Can Lighting Stores in Brampton Illuminate Your Home & Office with Modern and Antique Lighting?
- Vanished Reels: The Lost Films of Hollywood and the Quest to Find Them.
- Living Room Designs Ideas: Transform Your Space with Style