Global Supply Chain Disruptions:Lessons from COVID 19 Pandemic

Authors

  • Muhammad Taqi Usmani Chairman, Centre for Islamic Economics, Karachi Author
  • Shakil Faruqi Professor of Finance, Lahore School of Economics Author

Keywords:

antifragility, trade bottlenecks, supply chain digitalization, resilience strategies, COVID-19 disruptions, global supply chains

Abstract

The COVID-19 pandemic exposed unprecedented vulnerabilities in global supply chains, disrupting production, logistics, and distribution across multiple industries. This study employed a mixed-methods design, combining quantitative disruption indices derived from trade, transportation, and manufacturing data with qualitative case analyses of healthcare, agriculture, semiconductors, consumer goods, and pharmaceuticals. Results revealed severe contractions in international trade volumes, dramatic increases in shipping costs, and prolonged production delays, particularly in critical sectors such as healthcare and electronics. Table-based analyses highlighted systemic shortages, demand-supply mismatches, and the uneven recovery trajectories across regions, with Asia’s central role as a production hub amplifying ripple effects globally. Figures demonstrated how transportation bottlenecks, semiconductor backlogs, and vaccine distribution lags cascaded across industries, while comparative indices confirmed that healthcare and electronics experienced the most acute disruptions. Importantly, findings indicated that firms and governments adopting diversification strategies, digital technologies, and proactive policy interventions were able to mitigate risks and accelerate recovery. Digital adoption, particularly in AI, blockchain, and IoT, emerged as a cornerstone of resilience, while resilience strategies such as reshoring, nearshoring, and supplier diversification proved effective in shortening recovery cycles. Overall, the study concludes that supply chains must transition from fragile efficiency-driven models toward antifragile systems characterized by redundancy, adaptability, and sustainability. These lessons extend beyond pandemic preparedness, offering strategic insights for managing future shocks, including geopolitical tensions and climate-induced disruptions.

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Published

2025-06-30

How to Cite

Global Supply Chain Disruptions:Lessons from COVID 19 Pandemic. (2025). Economic Trends and Business Review, 3(1), 50-67. https://etbrjournal.com/index.php/journal/article/view/49