COVID-19 Survey: Supply Chain Impacts and Post-Pandemic Adjustment StrategiesEverstream Team
On January 23, 2020, authorities in China issued a lockdown for millions of people in Hubei province and its capital Wuhan, as the number of fatalities due to a novel coronavirus started to rise. This marked the first of many key developments in a global effort to contain the spread of what was later named COVID-19, an infectious disease caused by a newly discovered coronavirus.
12 months later, the COVID-19 pandemic continues to upend social and human interactions and cause a profound impact on complex, global manufacturing networks. Waves of localized outbreaks, regional or nationwide lockdowns, and ongoing disruption to supply and demand alike still pose new and unprecedented challenges that organizations need to respond to by adapting their business operations to keep supply chains running.
As a leading supply chain risk management solution, Resilience360 is constantly looking for ways to provide its customers with actionable insights to help drive better business decisions and navigate challenging situations. To this end, a customer survey on the impact of the COVID-19 crisis was initiated to understand what actions companies are taking to mitigate operational disruptions amid the persistent uncertainty that is likely to continue throughout 2021.
This report lays out a detailed overview of the various challenges as they relate to pandemic impacts, logistics capacity, shifts in manufacturing trends and projects what the future may hold for the supply chain. To gain actionable insights and recommendations on how to prepare your supply chain for the future, read the report.