Broken Chains
Broken Chains Lack of supply chain control laid bare. Lynn Johnson 8 May, 2022 The global pandemic has laid bare how international free trade relies on fragile and poorly understood supply chains. These supply chains are optimised solely for efficiency and just-in-time availability and, as a result, lack both transparency and resilience. Supply chains started to break down almost immediately at the beginning of the pandemic, causing basic items to be rationed in supermarkets. Adding to the strain, international, online shopping exploded. As lockdowns have ebbed and flowed in countries around the world, production and distribution in this global trade system has buckled. The scale of the current disruption due to lockdowns [...]