In: Operations Management
Discuss the relation between globalization and current COVID-19 disruption. How do you think the warehouse can play a role in making companies respond to this disruption risk?
A Thumbs Up! Would be really helpful for me. If you have any questions, please leave a comment and I will get back to you as soon as possible.
As we all are aware of the COVID19 pandemic and how dangerous it has become for the lives of people in different countries around the world. COVID-19 has not only affected the business but it has affected nearly all parts of employment things. It has affected globalization in every possible way and people are not having work to do as all the people are self-quarantined at their homes. It is considered that the rise of COVID-19 was from China and China is a great exporter of things and many companies and businesses are dependent on China but because of COVID-19 their business will shatter and it will going to affect the economic condition of the various countries. Import and export of various things have been stopped and there is no trade or business going on currently in any country around this world. Every business is shut down and here the warehouse will play a very crucial role as no one is allowed to open their stores and shops and the supply of basic necessities is to be done across the countries in order to provide meals to the people. Not every company is allowed to take help from the warehouse and do their business as it is only for those company's or organizations which are producing basic necessities are considered to use their warehouses fully to keep up the flow of supply to the people across the various countries.