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SUPPLY CHAIN MANAGEMENT
COVID-19 and Supply Chain Inventories
COVID-19 has brought many industrial and social activities to a screeching halt. This has resulted in the demand for certain essential products, including medical and hygiene products, skyrocketing. All the while, the consumption for less essential items or those impacted by the closures, slumps. Inventory is an asset as long as it keeps moving and …
COVID – Impact on Global Supply Chains
As predicted two weeks back, the worst impact of COVID19 on global supply chains is yet to come, and only after a fortnight, early signs have started to appear. Shipping lines initiate the domino effect as different vessel operators are taking out vessels due to lack of demand from lanes originating or terminating at Chinese …
COVID-19 and The Supply Chain Pyramid – A Strategic View
How can we understand the relationship between COVID-19 and Supply Chain? Let’s use the example of two pyramid models. The first is the supply chain pyramid and the second is Maslow’s hierarchy of needs pyramid. In the Supply Chain Pyramid, the largest portion of the pyramid, the base, comprises items of daily necessity. For example, …
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