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About How Medical Supply Chains Can Diversify Beyond COVID 19 Supply Chain Dive
1. Medical supply chains are heavily reliant on single sources of production, primarily in China and India, leaving them vulnerable to disruptions. 2. When industries prioritize low cost, they create narrow supply chains with no redundancy that lack resiliency during emergencies like the COVID-19 pandemic. 3. Experts recommend diversifying production globally and domestically, increasing transparency into supply chain sources, and leveraging technology to identify potential shortages as ways to make supply chains more resilient in the future.
Detailed Information
Author: | ['Manish Bodal'] |
---|---|
Publication Year: | 2020 |
Pages: | 8 |
Language: | English |
Format: | |
Price: | FREE |
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