Most of the world companies are affected by the pandemic; they also report disruptions in their SCs. The main trends of this effect include the following. (1) Prices fluctuate
(2) There is a long lead time due to delays in receiving items from the source and delays in distribution.
(3) There are delays in shipments, moving cargo, loading, shipping, and unloading.
(4) Return, profits, and income reduce, thus hurting retailers’ abilities regarding their quality control.
(5) Production capacity and manufacturing capability decrease.
(6) Lack of disruptions plans associated with small inventory levels, single supplier, or minor diversification underestimate the possibility of severe disruptions; the focus on short-term and cost minimisations lead to a lack of risk information and contingency plan.
(7) Moreover, there are difficulties in getting information and data from partners, lack of end-to-end visibility, lack of integrations and coordination, and variations in technology utilisation throughout the SC.
Most of the world
companies
are
affected
by the pandemic; they
also
report disruptions in their
SCs
. The main trends of this effect include the following. (1) Prices fluctuate
(2) There is a long lead time due to delays in receiving items from the source and delays in distribution.
(3) There are delays in shipments, moving cargo, loading, shipping, and unloading.
(4) Return, profits, and income
reduce
,
thus
hurting retailers’ abilities regarding their quality control.
(5) Production capacity and manufacturing capability decrease.
(6)
Lack
of disruptions plans associated with
small
inventory levels, single supplier, or minor diversification underestimate the possibility of severe disruptions; the focus on short-term and cost
minimisations
lead to a
lack
of
risk
information and contingency plan.
(7)
Moreover
, there are difficulties in getting information and data from partners,
lack
of
end
-to-
end
visibility,
lack
of integrations and coordination, and variations in technology
utilisation
throughout the SC.