COVID-19 has created a significant imbalance between the supply and demand of goods, affecting global supply chains. At the height of the pandemic and lockdowns, every part of the value chain was put under stress, from raw material sourcing to the end customer. Furthermore, areas like commercial, operational, financial and even organizational resilience were put under an unexpected test. The stress on the value chain during the COVID-19 period highlighted risks and gaps in the resilience of every company, including the bigger ones. As CEOs look to make things better to avoid large-scale disruptions in the future, some believe that innovation is the only route to resilience, while others believe that increasing investment in disruption detection will bear good fruits.

The COVID-19 pandemic was indeed the hardest disaster that man has ever faced. It was the worst nightmare for many industries, resulting in massive losses. One of the most hit areas by the pandemic is the supply chain. With the closure of many airports and ports to curb the spread of COVID, there were rippling disruptions that continue to hurt the markets to date. Although 2020 and 2021 were the toughest years for supply chain providers, we continue to experience challenges even in 2022. Below are challenges that supply chains are struggling with in the year ahead.

Supply chain management is one of the careers that has grown over the years. A supply chain manager is an individual who oversees the ordering and delivery processes of raw materials, products and equipment, as well as other goods that a company needs to do business. A supply chain manager is a person responsible for linking different components of the supply chain, starting from negotiation with the supplier to placing orders, scheduling deliveries and ensuring the employer has all materials needed to meet the demand of the customer. For one to start a career in supply chain management, one should have a bachelor’s degree in business or management. Those with a master’s degree in business administration, especially in supply chain management, finance or engineering, have the upper hand.