The Impact of the Covid-19 Pandemic on Global Supply Chains


Term Paper, 2023

14 Pages, Grade: 5.0

Chris Andersen (Author)


Abstract or Introduction

The COVID-19 pandemic profoundly disrupted global supply chains, leading to unprecedented economic challenges and logistical complexities. Originating in China in December 2019, the virus rapidly spread to over 210 countries, resulting in more than 100 million confirmed cases worldwide and over 2 million deaths. This global crisis triggered severe disruptions across various sectors, including high-tech industries, automotive manufacturing, pharmaceuticals, and food supply chains. Notably, companies like Apple, Samsung, and Tesla experienced production halts due to labor shortages and supply chain constraints. Additionally, the pharmaceutical industry grappled with increased demand for essential medical supplies, while the food sector faced labor shortages and transportation disruptions. The pandemic-induced shutdowns, travel restrictions, and stringent import/export controls severely hampered international logistics, further exacerbating supply chain vulnerabilities. Consequently, the crisis highlighted the intricate interdependencies within global supply chains and underscored the urgent need for resilience, sustainability, and strategic reevaluation to mitigate future disruptions effectively.

Details

Title
The Impact of the Covid-19 Pandemic on Global Supply Chains
College
Addis Ababa University
Course
Master of Business Management
Grade
5.0
Author
Year
2023
Pages
14
Catalog Number
V1438525
ISBN (eBook)
9783346996374
ISBN (Book)
9783346996381
Language
English
Keywords
corona virus , covid 19, global supply chains , effects of covid 19
Quote paper
Chris Andersen (Author), 2023, The Impact of the Covid-19 Pandemic on Global Supply Chains, Munich, GRIN Verlag, https://www.grin.com/document/1438525

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