Supply Chain Revolution is Coming

The supply chain has evolved significantly over the past few years. However, the current developments caused by the coronavirus pandemic have made the changes even faster than it had been anticipated. The COVID-19 pandemic has altered many things starting from product suppliers, strategies all the way to supply routes. According to a study by Ocean Insights, coronavirus pandemic could result in greater collaboration and technological innovations across this industry than ever before. According to the study, 42% of the shipping and freight professionals are likely to change their supply chain strategies. Of these professionals, 67% see investment in technology as an area that will substantially alter their operations after the pandemic.

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