It goes without saying that I was aware of supply chain management before reading the provided articles. In addition, I was familiar with major supply chain challenges, including time-sensitive pickup and delivery, keeping related costs down, sourcing reliable and consistent carrier capacity, and keeping up with technological progress and consumers demand. At the same time, I was highly pleased with the information found in the articles. First of all, “What is supply chain management?” (n.d.) informs about the key principles and aspects of supply chain management in a comprehensive and structured manner. In other words, due to this article, it is possible to gain knowledge or review already known facts.
At the same time, the second article may be regarded as more informative. Although I was aware of the devastating impact of COVID-19 on the global supply chain, Ellyatt (2021) provides a more in-depth insight into this problem. At the same time, I have always thought that after the invention of vaccines, the economic situation will begin to improve. However, according to the author, the supply chain crisis will be even more severe (Ellyatt, 2021). The examples provided in the article made me reflect on other companies affected by the pandemic. I thought about McDonald’s where I had been working a long time ago which has experienced the consequences of the coronavirus as well. In general, the whole supply chain may be disrupted if even one of its components is damaged. In the case of McDonald’s, the corporation has faced shortages of products, especially meat (Gross, 2020). These shortages were determined by meat processing plants’ temporary closure when their employees were infected. These issues made the international business community look for more efficient solutions to minimize their impact in the future.
References
Ellyatt, H. (2021). Supply chain chaos is already hitting global growth. And it’s about to get worse. CNBC. Web.
Gross, M. (2020). McDonald’s exec: The Covid-19 meat shortages taught us all an important lesson. CNN Business. Web.
What is supply chain management? (n.d.). IBM. Web.