Current Volume 7
Abstract
The COVID-19 pandemic has caused significant disruptions in supply chain management, resulting in profound impacts on businesses worldwide. This paper provides a detailed analysis of the disruptions caused by the pandemic and their impact on business operations, as well as the strategies businesses have adopted to adapt to these challenges. The paper first examines the various factors that have led to disruptions in supply chain management during the pandemic. These include factory closures, shipping delays, transportation restrictions, and workforce shortages. The paper then discusses how these disruptions have led to supply chain bottlenecks, increased costs, and reduced efficiency in the production and delivery of goods and services. The paper then turns to the strategies that businesses have adopted to mitigate the impact of these disruptions. These include diversifying their supplier base, implementing digital solutions, and re-evaluating their inventory management practices. The paper provides specific examples of businesses that have successfully implemented these strategies and the benefits they have realized as a result. Next, the paper examines the consequences of these disruptions on businesses. These include financial losses, reduced market share, and supply chain vulnerabilities. The paper also discusses how these disruptions have affected different industries, including retail, manufacturing, and healthcare. The paper concludes by emphasizing the importance of having a robust and agile supply chain management system that can quickly adapt to changing circumstances and ensure business continuity in times of crisis. The paper provides recommendations for businesses to build more resilient supply chains for the future, such as developing contingency plans, collaborating with suppliers, and investing in digital technologies. Overall, this paper highlights the significant impact that supply chain disruptions during the COVID-19 pandemic have had on businesses and the need for businesses to adapt and develop more resilient supply chains. By adopting new strategies and technologies, businesses can mitigate the impact of disruptions and emerge stronger and more competitive in the post- pandemic world.
Keywords
Pandemic, Supply Chain, COVID-19, Disruption, Management
Citations
IRE Journals:
Sayam Kumar Jain , Dr. Supriya Rai , Harsh Kataria , Rohan Varma , Roshan Mehta
"Disruption in Supply Chain Management" Iconic Research And Engineering Journals Volume 6 Issue 10 2023 Page 383-395
IEEE:
Sayam Kumar Jain , Dr. Supriya Rai , Harsh Kataria , Rohan Varma , Roshan Mehta
"Disruption in Supply Chain Management" Iconic Research And Engineering Journals, 6(10)
About IRE Journals
IRE Journals is an open access online journals established with an aim to publish high quality of research work in various diciplines. We have more than 6 years in publications. Over 2500+ papers already published.
Important Links
For Authors
Volume 7:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11Volume 6:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 5:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 4:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12Volume 3:
Issue 1, Issue 2, Issue 3, Issue 4, Issue 5, Issue 6, Issue 7, Issue 8, Issue 9, Issue 10, Issue 11, Issue 12