The Impact of Coronavirus Epidemic on the 'Supply Chain'

Starting at the borders of Wuhan, China, and soon taking the whole world prisoner. Corona Virus The new and perhaps the most dangerous of his family CoVid-19As it spreads to each new country, it actually causes changes in a very different way around the world. This virus, which has caused differences in many sectors and areas, has caused a rise in some sectors and a decline in others, has caused major changes, especially for the logistics area. One of these changes is of great importance to world markets and trade. Supply Chain It's been on. Coronavirus outbreak Supply Chain Its impact on it is great, which is due to the fact that the outbreak actually started in a country that is important to the world market, such as China.

Supply chain The concept is simply the name given to the processes that it has undergone from the manufacturer of any product or service, from its raw material to the final buyer. For any sector Supply Chain Each of its rings is important, and the change that occurs in any of its rings therefore affects all other rings enough to cause huge changes. Especially in the world market, trade, the location of a populous and continuously producing country such as China is very important, and even carries as much as 16% as a result of research on the supply chain.

China Shown Coronavirus The outbreak caused closures in the Chinese market primarily in certain parts of the factories, while the process progressed and the entire factories closed as the virus spread. As a result, production declined, therefore the import rate began to increase in the Chinese economy. When viewed from other countries, exports began to decline in almost every sector, the Chinese market tended to decrease in cost, resulting in poor quality in goods, services, and lower market prices.

The world was in a position to be called dependent on China for production, and China is such a large market as well. Global Automotive In its industry, it was the main supplier of electronic products. I mean, especially Electronics Sector Supply Chain It was the main ring. In addition to all this, New Silk Road which began to be called Wuhan The adoption of the city's outbreak starting point can even cause breakages in chains. Effect of coronavirus outbreak on supply chain It is actually a place to say that China is in parallel with its activity in the markets.

Wishing to meet on healthy days...