Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)

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Research on the Impact of COVID-19 on Global Supply Chains and Policy Responses

Authors
Xianglong Zhao1, *
1Ferguson College of Agriculture, Oklahoma State University, Stillwater, 74075, USA
*Corresponding author. Email: dylan.zhao@okstate.edu
Corresponding Author
Xianglong Zhao
Available Online 27 December 2022.
DOI
10.2991/978-94-6463-052-7_118How to use a DOI?
Keywords
Covid-19; Supply Chain; E-commerce; Policy; Inventory
Abstract

In 2020, as COVID-19 broke out in many places around the world, countries began implementing different lockdown or isolation policies. Working online from home or shutting down your business is becoming a part of life. However, in the face of the surging demand from people in all aspects, supply has become one of the difficulties faced by enterprises or countries. People’s needs are not being met because of supply chain disruptions caused by COVID-19. This is a challenge for the industry as well as manufacturers of the most basic commodities. On the other hand, due to the limitation of production capacity, the supply of raw materials is greatly reduced. These disruptions can suddenly affect the production process, which can collapse if appropriate changes are not made immediately. The research aims to summarize the impact of COVID-19 on supply chains by reviewing studies and reports. Through the analysis of the causes of the negative impact, the government and enterprises alleviate the supply chain problems of policy suggestions. Provide preventive advice for future supply chain problems. For example, integrating the supply chain and building an e-commerce platform. Through integrated research, this paper will give suggestions from both within and outside the supply chain.

Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
27 December 2022
ISBN
978-94-6463-052-7
ISSN
2352-5428
DOI
10.2991/978-94-6463-052-7_118How to use a DOI?
Copyright
© 2022 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Xianglong Zhao
PY  - 2022
DA  - 2022/12/27
TI  - Research on the Impact of COVID-19 on Global Supply Chains and Policy Responses
BT  - Proceedings of the 2022 International Conference on Economics, Smart Finance and Contemporary Trade (ESFCT 2022)
PB  - Atlantis Press
SP  - 1052
EP  - 1059
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-052-7_118
DO  - 10.2991/978-94-6463-052-7_118
ID  - Zhao2022
ER  -