The supply chain's road to recovery
Our last blog discussed disinfectant wipe supply chains and the challenges they have been facing throughout the pandemic. Now let’s take a more general look at the lasting effects of the pandemic on our global supply chain.
Recently published research by the Chartered Institute of Procurement & Supply (CIPS) found that the international disruption caused by COVID-19 will likely create new and permanent changes to the global supply chain. Businesses have been forced to navigate through working with countries at varying levels of coronavirus lock down- something that has proven to be difficult over the past 6 months. As a result, many businesses with an international supply chain have found that they need either a temporary or permanent supplier change.
Overall, it is clear that COVID-19 will have a considerable impact on global trade and supply chains. With just under half of the CIPS study respondents believing that it will take over a year to restore the same level of global operations as before the pandemic, and an overwhelming majority expecting a temporary or permanent supplier change.
Read the full study here: https://www.cips.org/who-we-ar...