COVID 19 Redefining the Business Model

Good stuff, I’d be highly interested in a September 2022 update

Supply Chain World

Destruction and Grwoth

Undoubtedly, COVID 19 disrupted the global supply chain in ways no one could predict. Yet, at the same time, we have seen unprecedented growth in online shopping. Global E-Commerce Jumps to $26.7 Trillion; Covid-19 Boosts Online Retail Sales. Thus, making warehousing and distribution and last-mile delivery emerging the winner in creating job opportunities and making the retail industry, food, and FMCG industry thrive. It was reported that Amazon hired astonishing job creation numbers from July to October 2020. It recruited 350,000 new workers, more than the population of St. Louis in the USA.

According to the report released by UNCTAD (United Nations Conference on Trade and Development), retail sales increased from 16% to 19% in 2020. South Korea reported the highest increase of 25.9% in 2020. According to the latest available estimates, global e-commerce sales jumped to $26.7 trillion globally in 2019, up 4% from 2018. Business-to-business…

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