U.S., Sept. 7 -- As a result of the COVID-19 pandemic, companies in all industries are seeking ways to create more resilience in their supply chains.
It is hoped that the impact of COVID-19 will reduce to a manageable level that will allow normality to return to both personal and professional lives. When this happens, the greatest long-term risk to supply chains won't be a virus. It will be trade protectionism, which was prominent before the COVID crisis and now threatens to choke off the lifeblood as we need to speed towards recovery.
Since the beginning of the pandemic, protectionism has scaled considerably. Some emergency moves are clearly temporary and were only put in place by governments to ensure access to the medicines, machines a...