Understanding the Impact
Supply Chain Disruptions
Cause: Lockdowns and restrictions disrupted production and transportation.
Effect: Delays in raw material supply, production slowdowns, and increased costs.
Adapting to the New Normal
Supply Chain Resilience
Strategy: Diversify suppliers and establish robust contingency plans.
Example: Investing in local sourcing to reduce dependency on international suppliers.
Looking Ahead
Strategic Partnerships
Strategy: Collaborate with stakeholders to strengthen resilience and innovation.
Example: Joint ventures for shared logistics and resource pooling.
Policy Advocacy
Strategy: Advocate for supportive policies to mitigate future disruptions.
Example: Lobbying for trade facilitation measures and infrastructure investments.
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