ABSTRACT
This chapter highlights some of the ideas and proposals that can be described as elements of the global supply chain post COVID-19. COVID-19 was declared a global health emergency by the World Health Organization in January 2020. As the COVID-19 pandemic spread across the world, nations took stringent measures to curtail the spread of the virus. According to the Asian Development Bank, the global economic impacts of the pandemic ranged from US$2 trillion to US$4.1 trillion. The COVID-19 pandemic has had an impact on both developed and developing economies. The pandemic also highlighted the financial vulnerability of SMEs, as many of them had constrained resources or capital. The COVID-19 pandemic made it nearly impossible for SMEs to obtain financial assistance to restore liquidity or business stability. The bureaucratic processes involved also discouraged many businesses from applying for the loans. Prospects of building stronger and smarter supply chains that will ensure long-term recovery from the devastations of the COVID-19 pandemic.
