COVID-19 Global Supply Chain Disruptions

The Conference Board of Canada, 19 pages, April 27, 2020
Issue Briefing by ,
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This briefing was written to shed light on the impact of COVID-19 on global supply chains. It explores the challenges businesses are facing and the emerging opportunities to be in a more solid position to face the new economic, business, and technological realities once the crisis is over.

Document Highlights

  • Even after the number of COVID-19 cases starts to fall, containment measures are likely to persist as governments work to avoid a reintroduction of the virus and new outbreaks. Production and global supply chain operations will likely be slow to return to pre-outbreak levels.
  • Businesses that can take advantage of online platforms and other digital technologies will be in a better position to handle supply chain disruptions, both now and in the future.
  • Export restrictions introduced by several countries are escalating the global trade protectionism trend that was already under way before the outbreak. But defeating the COVID-19 pandemic requires a cooperative approach, rather than a protectionist one.
  • Containment measures have compelled businesses to lay off or significantly reduce the working hours of many workers. This is an opportunity to reskill workers so that they are in a better position to tackle the new business, employment, and technological realities that will be more mainstream once the crisis is over.

Table of Contents

Key findings

COVID-19 disrupting global value chains

COVID-19 disruptions: Pressing fast-forward to the future

COVID-19 will have a mixed impact on GVCs

Conclusion

Methodology

Appendix A—Bibliography

COVID-19: Get all the insights

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