Covid-19’s Impact on Supply Chain Practices in the Republic of Serbia
Covid-19’s Impact on Supply Chain Practices in the Republic of Serbia
Author(s): Anđela Đorđević, Biljana Cvetić, Dragan Vasiljević, Vidosava Džagić
Subject(s): Social Sciences
Published by: Udruženje ekonomista i menadžera Balkana
Keywords: Supply chain; COVID-19; Supply chain disruptions; Mitigation strategies
Summary/Abstract: This paper focuses on supply chain practices before and after the COVID-19 pandemic. Supply chain disruptions due to COVID-19 on the supply, demand, and logistical side are thoroughly explained and presented. The paper addresses how the pandemic exposed the vulnerabilities and deficiencies of the lean, JIT global supply chain model. This paper also presents short- and long-term strategies that companies have taken to mitigate supply chain disruptions. As a contribution to the paper, results from the research on COVID-19 impacts on the Serbian economy and business, that the Serbian Chamber of Commerce has conducted, are shown. The paper aims to highlight the most important supply chain measures and strategies needed to stay competitive during any pandemic.
- Page Range: 187-193
- Page Count: 8
- Publication Year: 2022
- Language: English
- Content File-PDF