The global supply chain is about commerce fragile. Initially, the georgia phone number library effects of the coronavirus halted manufacturing in China, what some consider as “the world’s factory.” Soon after, the decline in large purchases led to layoffs further up the supply chain. Academics say it’s a vicious cycle in which negative supply shocks may cause less demand
All the while, more purchases are happening online, and the shift to ecommerce isn’t going away. Total volumes in domestic networks, according to UPS, has remained in line with peak holiday traffic. Residential deliveries have spiked while commercial deliveries have fallen. It’s logical to expect a bit of moderation as businesses reopen. But the underlying trend toward online commerce remains.
In a post-COVID-19 world, supply chain diversification and resilience will become important strategic objectives.
It’s why we recently gathered the experts from UPS, Deloitte, 6 River Systems, and Shopify to divulge their industry insights and best practices to help you adapt your supply chain as global economies reopen. If you missed it, watch the recording of our webinar.
Below is a condensed version of the webinar
Prefer: It offers the latest trends, best practices, and insights you can use to adapt your supply chain and logistics strategy.
Key takeaways for commerce infrastructure
What we’ve learned about the virtual switchboard vs call center management: what is the difference? supply chain
The global pandemic, according to Jim Kilpatrick, Deloitte’s Global Supply Chain & Network Operations Leader, has exposed global supply chains as much more ao lists vulnerable than many had realized. These vulnerabilities are especially acute for businesses with a high dependence on China to fulfill their need for raw materials or finished products.