IMPACT OF COVID-19 ON SUPPLY CHAIN -- UPSTREAM or DOWNSTREAM
IMPACT OF COVID-19 ON SUPPLY CHAIN -- UPSTREAM or DOWNSTREAM : The spread rate of the peak of coronavirus outbreak is still highly uncertain. One of the most visible impacts of this pandemic situation is on the global supply chain. Mostly customers noticing goods and specific products become harder to find at their local store. There is an unseen disruption in supply and demand of the material. Dramatic changes in the supply and demand leads to following situation: · Shortages: A Across the globe, harvests are going to waste because laborers are banned from working, the farmers can’t travel to farms or don’t want to work for fear of the virus. As the global economy collapse, due to the lockdown all over the world, millions who already struggled to feed their families are now facing extremely serious situations as there were no work left and the jobs evaporate. And because of the supply chain disruptions in...