There have been discussions ad infinitum regarding supply chain management in the midst of the pandemic. At the onset of COVID, many of the larger companies pondered if the pandemic would coerce businesses to finally change their supply chain model.

There is now a much greater push for transparency when it comes to supply chain. For instance, manufacturing companies are taking steps to ensure that they manage supply chain risk effectively. This has been achieved by improving ties with their suppliers and buyers. They have also advocated for greater visibility within their supply chain such as seeking more information from suppliers.

Moreover, the pandemic also compelled many companies to accelerate the adoption of new technologies and innovate in order to ameliorate the efficiency of their supply chain. Based on various surveys, companies have adopted technologies that improve supply chain visibility and tracking and also its analytics.

Other than that, businesses have opted to identify redundancies in the supply chain and to make them more agile. When it comes to redundancies, critics have stated that businesses should have plans in place to deal with unexpected circumstances like the COVID-19 pandemic. As for making their supply chain more agile than before, it is imperative for companies to connect all their suppliers and even customers so that forecasting can be improved.