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Impact of COVID-19 on Supply Chain: A Comprehensive Analysis
Deepika Nathany
(Application Manager)
Email: deepikanathany@gmail.com
Abstract
Global supply chains faced significant disruptions due to the COVID-19 pandemic which led to unprecedented challenges for multiple industries across the world. The research investigates how the pandemic has affected supply chain management operations and develops strategies to improve resilience and recovery capabilities. This study combines recent literature findings to examine COVID-19's effects on supply chains through raw material procurement, production processes, logistics operations, and demand pattern changes.
The pandemic triggered significant disruptions which affected both raw materials and intermediate goods as well as finished products throughout multiple sectors. The robust global supply chains (GSCs) which showed resilience to numerous disruptions have now been significantly compromised by the pandemic according to Ivanov and Dolgui (2020b). The study identifies crucial impact areas such as manufacturing and processing operations together with transport and logistics services while also pointing out major demand pattern alterations.
The research investigates how disruptions send shockwaves across supply chain networks by demonstrating their interconnected nature and the possibility of cascading failures. Existing supply chain models revealed their weaknesses during the pandemic especially those which depended on global sourcing and just-in-time inventory systems.
The research offers strategic recommendations to boost supply chain resilience as a response to these challenges. Supply chain resilience strategies involve expanding supplier networks as well as using advanced technologies for immediate visibility and risk management while redesigning supply chain structures to achieve both efficiency and robustness. The research analyzes how the pandemic may affect future supply chain management practices by encouraging a transition to localized and adaptable supply chain models.
This study's results add to the expanding understanding of supply chain durability during worldwide disruptions while offering practitioners and policymakers actionable insights to create stronger and more flexible supply chain strategies for a post-COVID-19 world.
Keywords
COVID-19, supply chain disruption, global supply chains, resilience strategies, risk management, supply chain restructuring, technology adoption, pandemic response