Trends & Issues-III


Back to the Future: Reshaping Global Supply Chains in the Post-COVID Era

The pandemic disruptions to supply chains have led to companies rethinking their globalized supply chains. The trend is to move towards onshoring and reshoring, but this strategy has risks. Do the benefits outweigh the risks? - BY Kim Persaud

The COVID-19 pandemic triggered long-term changes in all industries, forcing supply chain managers to rethink their strategies. Massive disruptions impacted every business dependent on offshore manufacturing and materials sourcing and manufacturers and retailers shipping the goods and materials. If one lesson is extracted from such pandemic events as factory shutdowns and backed-up ports, it is that minimizing supply chain dis....