The pandemic-induced economic crisis came as an exogenous shock, creating a multi-sectoral impact and entailing a speculative future for economies and industries worldwide. The pandemic widened gaps in the global political and economic order, which was already faltering under trade wars. Several nations are reeling under the resultant implications of lockdowns and sporadic economic activities.…
Category: Supply chain management
How Supply Chain Finance Funds Future Success?
Only firms that are innovative and flexible in terms of catering to their consumers’ ever-changing needs can survive a competitive market. However, as a business owner, you may often find it challenging to keep up with the evolving consumer demands due to several reasons, including financial bottlenecks along the supply chain. One may argue that…
India – The Next Supply Chain Hub Post COVID-19
Over the past decades, most of the global manufacturing has been organised in what is known today as the global value chains (GVCs). For numerous goods, China is at the core of such GVCs – a key generator of high-value products. However, as the pandemic rapidly engulfed nations and disrupted the global supply chain, triggering…
The Economic Ramification Of COVID-19 On Global Supply Chain
On December 31, 2019, the World Health Organisation (WHO) came to know of a new strain of the virus – COVID-19 in China. What followed was a pandemic outbreak, disrupting the global supply chain and impacting the global macroeconomic outlook. Since then, the world has undergone a dramatic transformation, making quarantine and social distancing a…
Why Should You Shift To Intelligent Supply Chain Solutions?
Every branch of the retail industry – from customer service and transportation to production have been largely benefitted by the digital transformation. Diverting the attention towards a prominent process in the retail industry is supply chain management. Intelligent supply chain management is changing the game for traditional retailers, warehouses, consumers, and employees alike. The adoption…