The number one factor to impact, well anything, in 2020 was of course COVID-19. Supply chains were not spared. International trade ground to a halt with the volume of Global trade in May of last year down by 17.7% compared to the same month in 2019, economies crumbled and global GDP for 2020 contracted by an estimated 4.3% and Supply Chain Managers were throwing their demand forecasts out the window. The global pandemic has both battered the supply chain industry and at the same time brought to the fore how vital it…
Supply Chain Management trends in 2021 to take us to infinity and beyond
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