Building resilience into the Supply Chain
The supply chain sector, and the adjacent global freight and transport spaces, are complex as well as crucial. A reliable supply chain prefigures a nation’s overall economic competitiveness and is a key enabler at the macro-economic level, as most other industries rely on the inflow of various goods.
Since last year, the Covid-19 pandemic has caused major hurdles and disruptions for the supply chains around the world. Restrictions on non-essential commodities, additional health, and safety checks, and reduced staff levels led to bottlenecks and shortages of certain goods.
In their attempts to adapt to these challenges, businesses are responding with ingenuity and innovation, often facilitated by rapid digitization.
Given the looming threat of the pandemic’s 3rd wave, companies continue to ...