How The Logistic Industry Is Thriving During Covid 19?
Jun 18, 2020 Comments (0)
The vicious trap of Covid-19 has brought all of us to uncertainty where it is hard to survive, without proper planning.
In this run, multiple industries have got impacted and logistics and supply chain operations are also no exception to this crisis.
The supply chain disruptions have left both long-term and short-term impacts on different businesses. Also, the lockdown and other quarantine measures across the geographies made certain obstacles for the Supply chain industry.
However, despite having certain hiccups in the operations, still supply chain sector has found its niche in the pandemic. The ever-growing demand for products and services across different business sectors has created a short-term demand-supply synchronization strategy. And stay prepared for potential channel shifts, with global scenario planning.
Let’s take a look at how logistics companies are meeting the demands of different businesses amid Coronavirus.
Medical supplies and equipment shipping
The impact of the coronavirus outbreak on the medical sector is beyond imagination. The rising cases of COVID-19 have let medical staff experience the crunch of medical supplies such as N95 masks, hand sanitizer, and test kits.
With the help of supply chain management, it has become easier for hospitals across the world to get the required medical supplies and meet the rising demands.
Even when there is a disruption in the imports, as there is a sudden decline to get medical equipment from China and other European countries.
Now, in the U.S, there is a full-proof plan to ramp up domestic production. Further, they are collaborating with other countries to source raw materials to produce these medical supplies.
And this produced material can easily be disrupted to different regions of the U.S. with the supply chain companies, and they would help in paving a sufficient material and pieces of equipment to be reached to hospitals, to help healthcare practitioners to save lives.
As we all know that there is a sudden depletion in the number of transportation services, it has brought a concern for the people to get groceries.
Indeed, with the help of the supply chain and logistics industry, it has enabled the great movements of people and products to create a global transport network which further makes the world smaller each day.
With the pandemic spread, there have been certain restrictions from different governments to minimize that spread from country to country. But this does not deter the supply chain industry to bring food on our tables, and despite having the curfews and lockdown, the supply chain companies are putting their best foot forward to help us get our daily essential groceries.
How this change will affect the logistics & supply chain industry in the post-COVID-19 world?
As mentioned above, there are some major changes our world is going through. This change has shuffled the way we lived before and will create a difference in the world we will be living post-pandemic as well.
Although there is a shortening of the supply chain to maintain the rules of social distancing, but post-pandemic to secure higher inventory levels, supply chain & logistics industry will again flourish.
As there will be a normal life with a twist, where people will look forward to meeting their demands, and meet such product demands, the supply chain will come to full force. However, the inclusion of digital touch will be there, that cannot be given a miss, where managing and handling the industry needs would be done largely by the app technology.
Hold your breath! Big changes are coming soon!
The post-COVID-19 world will witness some of the biggest changes, and these changes will help every business to stay afloat during and after the pandemic.
So businesses need to keep themselves abreast with the new changes and be ready to embrace them in their business model, to survive and brave the crisis with flying colors.
Ankit Singh is a seasoned entrepreneur, who has crafted a niche for himself at such a young age. He is a COO and Founder of Techugo. Apart from holding expertise in business operations, he has a keen interest in sharing knowledge about mobile app development through his writing skills.