THE IMPACT OF COVID-19 ON (GLOBAL) SUPPLY CHAINS - SITUATION IN REPUBLIC OF SERBIA
THE IMPACT OF COVID-19 ON (GLOBAL) SUPPLY CHAINS - SITUATION IN REPUBLIC OF SERBIA
Author(s): Lazar Cvijić, Ljiljana StankovićSubject(s): Business Economy / Management
Published by: Fakultet za poslovne studije i pravo
Keywords: supply chains; trade companies; logistics; COVID; Republic of Serbia
Summary/Abstract: The topic of this paper is the impact of the pandemic on global and smaller supply chains; further, the paper deals with changes which have occurred when the transportation of goods around the world from producers to consumers is in question and how this affects business in Republic of Serbia. The authors further deal with the issue of how supply chains in Republic of Serbia react and what difficulties, challenges and innovations trade companies in Republic of Serbia face, especially large companies and distributors. To what extent it is possible in this sector to establish work from home and safety, both for employees and for customers, consumers. The current situation suggests that it is best to focus on domestic production, reduce or even eliminate dependence on sources that are considered risky. The aim of this paper is to point out the latest trends and innovations that are happening in the supply chain; they are all caused by the pandemic. The paper also provides the answer as to what companies in Republic of Serbia are doing and what they can expect in the coming period.
Journal: International Journal of Economics & Law
- Issue Year: 12/2022
- Issue No: 34
- Page Range: 41-51
- Page Count: 11
- Language: English