New Normal in Supply Chains: Triology of Resilience

Abstract

The new normal of supply chain has evolved due to the emergencies that were created by the pandemic of COVID 19. Major disruptions were seen from local, national, regional and international businesses. As countries fought to save lives, movement restrictions were put in place which affected the supply chains in unprecedented ways. The emergencies that were created through the disrupted supply chains affected the whole world and developing countries were worst hit as their supply chains were not mature or stable. It is in this backdrop that we look at the trilogy of the new normal in supply chains especially in developing countries. The concept of risk management strategies, technology usage and adaptability and agility of organizations and supply chains will then in turn make these supply chains remain relevant and resilient to the challenges that unforeseen circumstances like the pandemic COVID 19 bring about. The trilogy will also ensure sustainability in the new supply chains. It is in this backdrop that we look at the trilogy of resilience; the new normal in supply chains.