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Due to the outbreak of COVID-19 and its rapid global spread, the global auto parts, semiconductor, and electronics industries have been exposed to highly uncertain risks. Global supply chain logistics is an issue that everyone has had to reexamine.
As one of the fastest-growing emerging economies in the world, India has a huge demographic dividend and is expected to catch up with China to become the world's most populous country. Coupled with its solid training in scientific and technological talents and its advantages in English, it has attracted a large amount of foreign investment. India is considered will become the new world factory.
In response to the supply chain challenges brought about by the epidemic, the layout of the supply chain will become more resilient-oriented, that is, willing to sacrifice some of the high cost and efficiency indicators in exchange for the flexibility and resilience of supply chain management.
Both lean and agile manufacturing emphasizes leveraging market knowledge, integrating supply chains, and reducing product lead times.
Due to the outbreak of COVID-19 and its rapid global spread, the global auto parts, semiconductor, and electronics industries have been exposed to highly uncertain risks. Global supply chain logistics is an issue that everyone has had to reexamine.
Although the recent impact of the COVID-19 (New Coronary Pneumonia) epidemic caused a short-term loss in the aviation industry, for the overall aviation market, the demand is still constant.
Global automakers are out of material and shut down, this year's machine tool exports fear a decline of more than 10%.
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