Globalized supply chains crumble, local production surges in post-pandemic world.
The article discusses how the COVID-19 pandemic and trade wars have made global supply chains vulnerable, causing governments and companies to rethink how they configure their supply chains. They look at factors like where products are bought and sent, the structure of the supply chain, and how different parts are connected and managed. This research suggests that due to challenges faced during the pandemic, there is a growing interest in reorganizing supply chains to be less global and more localized. This shift could involve changing how products are bought and moved around and how different parts of the supply chain are set up and work together. Overall, the article explores how supply chains might change after the pandemic by focusing on the structure and functions within them.