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This Book proposes and investigates the impact of Post COVID Opportunities and Challenges by Understanding the Dynamics of New Normal for Supply Chain with the global procurement of supply chain management and its exposure to potential gaps and vulnerabilities. Also, every nation tries to get back into action by taking active measures within a short period through the aftermath of the pandemics. To effectively address this concern, especially in the trait of global supply chain management, it is now becoming the time to change regulatory frameworks that drives the global economy. The supply chain after the pandemics is not sustainable, and it may subject to numerous transformations. Every entity in the context of the supply chain may experience severe regulatory changes as implementing standard sanitization protocols, enhancing transportation facilities, exploring the innovations in product development & distribution strategies by meeting with demands of human resources are highly crucial. These consequences would not only result in increased management costs but also inhibits the overall growth rate of an organization. Hence, it is a sure thing that the post-COVID situation may result in enormous change across the supply chain environment, ranges from planning to execution measures. This book chapter aims to explore various dynamics of the new normal concerning supply chain management for the post-COVID situation. It also addresses as a stimulant for the industries to re-frame their possible strategies on supply chain management. Meanwhile, it requires immediate actions to respond to the unplanned challenges both from an organization as well as the end-user point of view. Hence, with an exploration of the new normal of the supply chain, this book reduces the risk of lesser marginal profits, disrupted supply chain management, and potential points of business failure. Which potentially empowers business firms with sustainable developments and enhancements. Further, this book follows the didactic approach through which it instructs the global enterprises to deal with the most significant insights on future supply chain with a more in-depth analysis of post-COVID opportunities and challenges. Enabling the firms to be aware of the economic transformation and sustainability both in the present as well as the future. It acts as an initiative to the readers so that they efficiently understand the risks, opportunities, and challenges concerning the pandemic situation and act as a key driver to industry professionals and enterprise firms in business management. |
