Impact of COVID-19 on the supply chain industry

This paper seeks to capture the issues, challenges and implications of the COVID-19 pandemic on supply-chain activities globally, regionally and in Nigeria. The publication also provides strategies and insights on mitigating the risks and impact of the supply-chain disruptions brought on by the impact of the pandemic.

Supply-chain resilience is critical to economic recovery in Nigeria. An effective supply chain system ensures higher efficiency rates, quality over control, better customer relationship and service, faster production cycle, reduced production costs and an overall improvement in the financial performance of a company.

To mitigate the impact on business activities from COVID-19, players in the logistics, transport and supply chain industries must deploy innovative measures in inventory management and distribution, engage in strategic partnerships with players and intermediaries across the value-chain. 

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