What are the main ways COVID-19 has affected global supply chains?
COVID-19 disrupted production, caused shipping delays, and led to shortages of raw materials, impacting supply chains globally.
Can you give examples of specific industries that were heavily impacted?
Sure! The automotive, electronics, and food industries faced significant disruptions due to factory shutdowns and logistics challenges.
How have companies adapted to these challenges?
Many companies diversified suppliers, increased inventory levels, and invested in technology to enhance supply chain visibility.
What long-term changes can we expect in global supply chains post-COVID?
We may see a shift towards more localized production, increased automation, and a focus on sustainability in supply chains.
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