Last updated on March 29th, 2024 at 09:11 am
Global supply chains are often connected, primarily when operating within the same industry. However, the pandemic almost destabilized several supply chains. If you wish to understand the workings of a supply chain and what it hinges on, you can opt for a supply chain management course.
It will enable you to learn about various factors that influence supply chains, and you will also learn how to manage supply chains amidst a crisis. To enrol in an industry-oriented course, you can choose the SCM program from Imarticus Learning.
How Has The Pandemic Affected Supply Chains?
The pandemic has disrupted entire supply chains. During the worldwide lockdowns, companies stopped manufacturing and production of goods, and authorities closed down all shipping routes. However, customer demand kept growing. After a while, businesses were unable to meet these demands. As consumer demands decreased, so did industrial activities.
As businesses closed down or suspended work temporarily, much of the human workforce changed professions. People chose work that would sustain them even during the pandemic, which led to a lack of labour within the supply chain sector.
Apart from a lack of workforce, manufacturers also faced a shortage of raw materials. They could not produce enough goods, and many could not pick up the business even when the pandemic became less severe. Those in a supply chain management career had to put in extensive effort to streamline the supply chains and optimize them according to the capacities of the business and the immediate needs of customers.
During the pandemic, different supply chains were disrupted due to various reasons. In the US and UK, the primary issue was the delivery of goods as there was a shortage of truckers. Germany, too, had to deal with a shipping problem when the ports closed and supply chain managers could not clear the backlogs. China, on the other hand, faced numerous power shortages. Other countries had to work through a lack of materials, labour, funds, and increasing consumer demand, leading to widespread chaos.
As people began to spend more time at home, they started shopping online. However, many e-commerce businesses were unable to provide as many products. This is because global supply chains had to halt since, in most countries, delivery was not an option. Once businesses started reopening, costs began increasing. But, the sale of goods may not be as quick as before, which is bound to affect the GDP. Multiple bottlenecks have formed over the past year. These need to be removed before restoring the supply chains.
An SCM course will help you identify the issues with supply chains caused by the pandemic's unprecedented effects. Industrial growth decreased rapidly, and so did the total earnings of those working within the industry. However, supply chains can be made more sustainable through proper management.
Understanding Global Supply Chains
Global supply chains are dependent on several factors. Since they span across countries, the shipping and delivery need to be optimized. The pandemic affected this aspect and destabilized entire businesses. If you wish to learn how professionals can stabilize a supply chain, you can opt for the supply chain management course from Imarticus Learning. The institute offers Professional Certifications in Supply Chain Management and Analytics.
This course introduces new-age technology for the automation and optimization of supply chains to prevent bottlenecks. The institute also provides projects and organizes live sessions. These will help you develop essential skills and gain industry experience. You can choose a supply chain management career once you complete the course and explore the industry to find solutions for global supply chains.
The SCM course from Imarticus Learning is in collaboration with IIT Roorkee and DoMS and E-Learning Centre. Therefore you will get industry certification, and it will help you land lucrative jobs.
