It has been over a year since we reported the pandemic was wreaking havoc across the world’s supply lines. How have companies coped so far?

When the pandemic broke out last year, supply chains, already stretched by superpower trade tensions, took a beating as borders closed just as demand for food, medical supplies and online purchases surged. Twenty months on, what lessons have the world learnt? How have companies adapted to the changes in supply and demand dynamics? And what are the results? 

For years, the standard of supply chain management was the “just in time” or JIT model. Explained simply, if a particular product was needed in 20 days, the order will be placed so that the product will arrive in almost exactly 20 days.

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