Impact of covid-19 on global supply chains & opportunities in a post-covid world
Transportation restrictions imposed by various governments all over the world, have severely disrupted global supply chains. Challenges in manufacturing, procurement, distribution, and retail are on the rise, leading to major problems in certain sectors. Adding to this, there are consumer related problems where hoarding of essential goods has put unnecessary pressure on the already-vulnerable supply chain. However, the current scenario of uncertainties might lead to businesses leveraging digital technologies, to rebuild the crumbled. Intelligent procurement, and supply chain management and simulation through intelligent automation and analytics, might show the light in delivering business value in the post-COVID world.
Speed and agility are paramount when facing a crisis. But as Aesop’s hare knows all too well, it’s not all about speed—it’s the combination of speed and agility that wins the race. Companies that rely on speed only, without the benefit of agility,…
Jul 02, 2020
Most of the organizations are good in managing structured data, but still there is so much of industry-critical data that exists in an unstructured format causing an exponential increase in data storage cost due to its maintenance of hot tiered…
Chronic Disease Management (CDM) is an integrated care approach to manage chronic disease or condition that is persistent or otherwise long-lasting in its effects. As care delivery continues to evolve from reactive disease treatment to proactive,…
The COVID-19 pandemic is one of the greatest social, health, economic, and financial shocks of the 21st century. While it is going to be hard to predict what’s next, it is crucial for businesses to proactively assess their risks and areas of…
Jun 26, 2020
Introduction
The impact of COVID 19 continues to aggressively disrupt the business-as-usual and has indefinitely posed potential business challenges to all sectors and organizations regardless of their size and capacity.
Jun 26, 2020
The Med tech industry is also struggling to ramp up production, bring advancements in design & price and at same time ensure delivery of critical care equipment is made available to patients. There is a shift in the way patients and healthcare…
Jun 26, 2020
The COVID 19 pandemic is a catastrophe that’s going to have a wide and long-lasting impact on the global economy. The coronavirus outbreak is causing widespread concern for every sector and BFSI is no different.
The BFSI sector would play a…
COVID-19 has brought a change that might just be here for some time. The new norm of social distancing has impacted the way we travel. Things have changed and airlines, being one of the foremost industries that have got impacted, need to think of…
In the beginning of March, companies and employees began to realize we were on the path to a new way of working. By the end of April that path led to temporary working from home setups, understanding new virtual collaboration tools, and setting up…
There is no doubt that above all else, the COVID-19 pandemic has been the greatest humanitarian crisis of the modern age. In the course of a few months it has taken control of everyone’s present with a definite hold into our future as well.
In this…
May 20, 2020
COVID-19 has brought a change that might just be here for some time. The new norm of social distancing had impacted the way we travel. Things have changed and airlines, being one of the foremost industries that have got impacted, need to think of…
As of April 2020, 185 countries on lockdown and 93% of the US workforce working remotely, according to the UN Department of Economic and Social Affairs (DESA).
Owing to the COVID-19 crisis, the USD 3 trillion telecom industry is witnessing…
In the face of the COVID-19 pandemic, organizations are striving to ensure business continuity while ensuring the safety of their employees. However, the life sciences and healthcare (LSH) industry needs to ensure maximum business continuity as well…
Most of the organizations, where feasible, have adopted telecommuting or work-from-home options for their employees to keep businesses running during the COVID-19 crisis. While this is a good practice to adopt for ensuring the good health of…
The last three months have cast a dark shadow across the world. With each passing day, the impact of the COVID-19 pandemic has only grown, pervading the lives of billions of people. Despite the severe humanitarian and social costs, humanity…
For most people, the COVID-19 pandemic has greatly impacted their lives. Such massive change has manifested across families, jobs, positions, and the entire economy. However, the manner in which we have managed to adapt to the crisis throws light on…
Jun 05, 2020
Not really! But it has definitely forced us to think of one. There’s ample proof that the technologies currently used by established firms to manage their supply chains do not work during a crisis such as the COVID-19 pandemic. This is the time for…
Jun 08, 2020
A smart track and trace solution that begins by setting up an immensely powerful value chain network that is adaptable, responsive and driven by next-gen technologies and real-time analytics, can very well deliver the added edge as we strive to…