Analysts: Pandemic bringing awareness to global supply chains, and risk
The novel coronavirus pandemic has upended global supply chains, but it also has emphasized how interconnected they are, analysts said on Thursday. They also warned that the crisis is likely to increase calls for domestic production, although they supported the goal of resiliency in supply chains. One of the lessons learned so far from the pandemic is that “every link the global supply chain matters,” said Phil Levy, chief economist with Flexport, a U.S.-based customs brokerage company, during a Washington...