Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented global health pandemic. No country has been spared – with over 35 million infected people and deaths exceeding 1.0 million. The enforcements of draconian lockdowns, various economies have experienced severe shocks adversely affecting global trade, global tourism and travel, international aviation and airports as well as international shipping and ports. As a result, global supply chains have experienced severe “supply side shocks” with massive disruptions impinging on all sectors. SMEs have been hit hard with mounting job losses and financial haemorrhaging.
In this article published in LogiSYM magazine, CILT Singapore Chairman Karmjit Singh argues that in wake of the pandemic there are opportunities as well as challenges. Read the full article here.
This is an example of industry analysis from Singapore which we are sharing as part of our global best practice resource to help you think about and determine appropriate responses locally.cilt