The Problem Statement

Covid-19's Influence

Supply chain operations around the world have been disrupted as a result of the outbreak. Furthermore, due to constraints and safety protocols, professionals will confront supply chain adjustments in 2020.

  • Only 32% of worldwide merchants said their operations were disrupted. (2020, RetailNext)

  • Only 12% of merchants worldwide reported significant interruption as a result of the pandemic. (2020, RetailNext)

  • Adapting their supply chain for ecommerce was a challenge for 64% of merchants. (2020, RetailNext)

  • Contracts were renegotiated in 56 percent of cases. (2020, RetailNext)

  • 28% attempted to locate alternate sourcing possibilities. (2020, RetailNext)

  • There were shortages and out-of-stocks in 28% of the cases. (2020, RetailNext)

  • From 2020 to 2027, the worldwide supply chain management industry is expected to develop at a CAGR of 11.2 percent, regardless of the pandemic. In 2020, the market is expected to reach $37.41 billion. (2020, Businesswire)

The Effect of COVID-19 on Supply Chain Management Globally

Supply Chain Disruptors

  • 4200 interruptions happened during 2020. (According to the ISM, 2020)

  • This is a 14 percent increase over the 3,700 supply chain disruptors reported in 2019. (According to the ISM, 2020)

  • In 2020, 52 percent of disruptors resulted in a "war room" situation. This is when mapping supplier sites are at risk, and surveillance is increased. (According to the ISM, 2020)

  • Only 39% of disruptions in 2019 resulted in a "war room" situation. The growth in the first nine months of 2020 was 13 percentage points. (According to the ISM, 2020)

Supply Chain Disruptors: 2019 vs 2020

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