The whole idea of global value chains will be reconsidered after coronavirus

The whole idea of global value chains will be reconsidered after coronavirus

Over the last few weeks we have featured articles from Mckinsey & Company which consider potential outcomes from coronavirus on product and logistic supply chains.  They contend the pandemic has exposed significant risks in Just in Time logistics with a focus on lean and efficiency which may lead organisations to realise they need greater resilience and redundancy even if it means more local production and storage at greater cost.  Following a similar theme, this article, originally published in The Conversation suggests the whole idea of global value chains will be reconsidered after coronavirus.

https://theconversation.com/the-whole-idea-of-global-value-chains-will-be-reconsidered-after-coronavirus-137132?utm_medium=email&utm_campaign=Latest%20from%20The%20Conversation%20for%20April%2029%202020%20-%201607315406&utm_content=Latest%20from%20The%20Conversation%20for%20April%2029%202020%20-%201607315406+CID_b1cc312bb19bf189da20ee9c200dc270&utm_source=campaign_monitor_uk&utm_term=The%20whole%20idea%20of%20global%20value%20chains%20will%20be%20reconsidered%20after%20coronavirus