Rethinking our supply chains
The coronavirus pandemic rattled our supply chains, putting them under intense pressure and forcing many to become aware of these complex systems that bring us food, medicine and other goods. Was 2020 a wake-up call to rethink supply chains? Or have they proved more robust than we feared and should continue as business as usual? In February, we ask whether today’s supply chains are due for reconfiguration. We speak to Dr Tessa Avermaete, a bioeconomist at KU Leuven in Belgium, about why short and local is not always better – or more sustainable – when it comes to food supply. We look at how medical supply chains can be maintained or even set up during a crisis situation, and at the environmental and social impacts of Europe’s supply chains on the rest of the world. And we look at how, in the future, goods from food to furniture could be transported according to new concept called the ‘physical internet’, where logistics mimics how information travels through the internet.
Medical suppliers must change how they manage their supply chains, and factories need to be able to rapidly pivot to manufacturing different products, in order to respond quickly to the next major crisis and avoid shortages of vital medical goods, experts say.
Shipping goods from furniture to food could be transformed by a new transport network called the ‘physical internet.’ It is built on similar principles to the internet, which revolutionised the way information flows around the word, including open access and global interconnectedness. Researchers hope to make it a reality by 2040, when a fully autonomous network should be in place.
In 2020, the Covid-19 pandemic upended international trade. Countries shut their borders, breaking the webs of supply chains that crisscross the globe. These systems of people, organisations and companies work to supply consumers with products, such as mobile phones, or services, like transportation. While some supply chains have since returned to a semblance of normality, understanding their extent – and how they interact – may be vital if humanity wants to confront its other great challenge: climate change.
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