Professional Documents
Culture Documents
The pandemic has hit the automobile sector like never before.
"The pandemic has deepened woes of automobile dealers as
the coronavirus pandemic crippling most economic and
commercial activities will negatively impact demand for
automobiles," said India Ratings and Research.
The automotive industry suffered Rs 2,300 loss crore per day
and an estimated job loss in the sector was about 3.45 lakh,
according to a parliamentary panel report submitted to Rajya
Sabha Chairman M Venkaiah Naidu on Tuesday.
"
Effect on Hospitality Sector-
However, it’s important to acknowledge that many of these issues could have been
prevented. The reason supply chains buckled under the pressure of Covid-19 is
largely the fact that they were fragile, to begin with.
Issues, like businesses having poor visibility past their first-tier suppliers, as well as
poor supplier relationship management, have contributed to many hospitality
businesses having very little knowledge of what’s going on behind the scenes of
their supply chain. Covid-19 has simply revealed how extensive the issue is and how
alarmingly fragile many supply chains that we rely on are.
Role of Logistics -
E-commerce
Like many of the other industries mentioned above, e-
commerce was already on the rise before the pandemic hit due
to our increasingly digitised & globalised world looking for
further convenience.
Yet, when communities were instructed to self-isolate and
businesses were forced to stop trading by government decree
to control the spread of the virus, e-commerce boomed not out
of convenience, but out of necessity.
Pharmaceutical sector-