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Covid 19 pandemic triggered disruptions in world supply chain: Challenges and roadmap ahead of pharmaceutical industry.
- Source :
- AIP Conference Proceedings; 2023, Vol. 2916 Issue 1, p1-8, 8p
- Publication Year :
- 2023
-
Abstract
- Global supply chain management is the distribution of goods and services throughout the World to maximize profits and minimize costs. The pandemic has stirred up both mankind and the economies of these nations. For as long as not many weeks, what India and the world have seen is unfathomable. In any case, from the monetary perspective, a significant concern is the fate of the material business. Numerous manufacturing facilities are closed due to the lockout, making it difficult to predict when they will be able to reopen. Workers had been frantically rushing around amid a tremendous deal of chaos. The business network is worried due to the financial crisis, the aggravated production network, and labor-related concerns. The COVID-19 episode has created a frenzied situation that has slowed down interest in purchasing material goods abroad and in real estate transactions. The study problem was developed after taking into account all of these variables. The purpose of the study is to examine the effect of COVID-19 on the World's supply chain in the Pharmaceutical Industry. Data Collected for the current study was primary and secondary. The pharmaceutical has been taken for the current study. Descriptive research design has been used for the current study. This helped to analyze the impact of various factors on the world supply chain amid Covid-19. An online survey was conducted making use of the questionnaire to collect the primary data. The sample size of 300 was included for the purpose of this research using convenient sampling techniques. Various statistical tools have been used for the analysis and interpretation of data. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 0094243X
- Volume :
- 2916
- Issue :
- 1
- Database :
- Complementary Index
- Journal :
- AIP Conference Proceedings
- Publication Type :
- Conference
- Accession number :
- 174016214
- Full Text :
- https://doi.org/10.1063/5.0179497