How COVID-19 has Disrupted the Landscape of Standard Supply Chain Management Concept (Essay Sample)

How the COVID-19 pandemic has disrupted the Landscape of Standard Supply Chain Management Concept
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How the COVID-19 pandemic has disrupted the Landscape of Standard Supply Chain Management Concept
Introduction
The COVID-19 pandemic has affected universal supply chains at an unprecedented scale and speed. Not often have supply-chain managers faced more compound, changing situations than they experienced during the COVID-19 pandemic. Since the appearance of the epidemic, it has triggered severe economic and social interruption globally and a large global recession since the Great Depression. Supply chain management has experienced major difficulties coping with an unexpected demand for various commodities when instantaneously limitations for production and travel have been imposed and still struggle to recuperate. The COVID-19 outbreak is a good indication that pandemics can seriously wreak havoc on supply chains around the globe, for example, in China, where the pandemic is said to have started to affect the economy worldwide. China is a major international manufacturer of various products, and they make a considerable number of products available to America, whether in full-scale production of raw materials. The break in the economic scheme caused by COVID-19 first impacted the global supply from China, which caused consequences to dribble down the whole supply chain. Operations of many businesses are struggling to adjust to the new circumstances, which may lead to facing even more changes even after the pandemic. Supply chains in relative to COVID-19 are extensively deliberated, and scientific studies on the implications of the disaster have already begun. The research aims to analyze and discuss how the COVID-19 pandemic has interrupted and affected of the concept standard supply chain management.
Theoretical Discussion
A lean supply chain management ensures that a supply chain operates at its best by supplying the products or goods to the end purchaser in the most effective manner probable, with minimal loss, waste, and sufficient flexibility. According to Mentzer et al. (2011), a management concept cannot be utilized efficiently by researchers and practitioners if there is no common agreement on the meaning. The term supply chain management is no exceptional. Supply Chains are links of entities directly engaged in the downstream and upstream movements of services, products, and finances. Supply Chain Management involves actively managing such activities and relations to attain a workable competitive advantage and maximize customer value by optimizing the supply chain effectively and efficiently (Meyer et al., 2021). To be effective, businesses are expected to