This study and research are an endeavour to present and understand the impact of the COVID19 pandemic on the Supply Chain Management of Indian industry. The supply chain of the industry is the backbone of its efficiency, effectiveness, productivity, service-commitment and the cost management. The whole industry thrives on the connectivity of the supply chain and inter-woven effect. It creates an ecosystem of hierarchy of suppliers, their business models, their integration into servicing the consumer and in the bargain serving the society through generation of employment and setting self-propelling motion in the economic cycle. The pandemic of COVID 19, not only brought to halt the whole economic activity in the country but it also exposed the industry to the vagaries of such inter-woven supply chains. Industry had built this supply chain with unidirectional focus on the benefits such integration can generate. The pandemic exposed the hidden face of the havoc such integration could have on the industry, especially so when the lockdowns extended for longer periods and the re-start hasn’t been as homogenous across geographies, as the lockdown was. This paper showcases the effects of a pandemic of this magnitude on the supply chains, the potential mitigation strategies, the model of resilient digitally connected supply networks of the future and precipitates a discourse on why the industry should rethink and challenge its best practices in the light of disruption COVID19 has created.
Alan : Sosyal, Beşeri ve İdari Bilimler
Dergi Türü : Uluslararası
Benzer Makaleler | Yazar | # |
---|
Makale | Yazar | # |
---|