RISK MANAGEMENT
“ The global COVID-19 pandemic had a profound impact on the worldwide movement of goods ”
SHEHRINA KAMAL PRODUCT DIRECTOR , RISK INTELLIGENCE , EVERSTREAM ANALYTICS
“ This comes as no surprise as the supply chain challenges caused by the pandemic are unprecedented and fundamentally different to past disruptions over the last two decades ,” says DHL Resilience360 ( now Everstream Analytics ), “ the COVID-19 pandemic has been unique due to its allpervasive nature , with disruptions not being confined to a particular location or a type of component .”
Of those that were highly affected , or affected by COVID-19 came from the automotive , technology , or life sciences and health care ( LSHC ) industries , with revenues of US $ 10bn or higher . It is believed that this is due to larger organisations having more complex global supply chains with operations in several continents , compared to smaller regional organisations who are able to react quicker .
“ The global COVID-19 pandemic had a profound impact on the worldwide movement of goods as manufacturing operations came to a standstill in many parts of the world , global flight traffic dropped to numbers not seen in decades , and ground transportation was disrupted by new health and safety measures . Although authorities largely switched to more targeted restrictions as the pandemic progressed , operational disruptions
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