The supply chain havoc caused by the coronavirus pandemic has left an indelible mark on the minds (and businesses) of manufacturers, wholesalers, dealers and retailers. Lockdowns and restrictions hindered manufacturing and shipping, resulting in shortages in pharmaceuticals, electronics, food items and raw materials in just about every industry.
A McKinsey study on the impact of this extended disruption found something very interesting: while 75% of companies surveyed faced problems with their supplier base, production and distribution, 85% said they struggled with “insufficient digital technologies” in the supply chain.
