IN THE GLOBALLY INTERLINKED, or rather intertwined, society that we live in, supply chain efficiencies can be amatter of life or death for an economy. Just as we saw during the Covid lockdown, the ability to move cargo as much as the population, isa civilisational prerogative. Itis also an economic compulsion in the geopolitically sensitive times we are in. Historically kings and emperors had shown the way to use waterways, much before roadways. They had even conducted global trade, using the power of the solar system, the seas, and human ingenuity.
The modern variant of this is the adaptation of digital, policy, trade and commerce. It is also one of the increasingly complex web of interactions between people, businesses, governments, scattered supply chains across countries and regions, and even in smaller geographic units. Competing in the modern day global trade needs efficient connectivity along roads, rail, sky and sea, and also in technology and digital, financial services and telecommunications. Supply chains have a huge impact on the way economies shape up, the way nations are built, and importantly, on how human behaviours are shaped. Imagine, how the world would have been impacted by a shortage in the Covid vaccine! We saw how we suffered and behaved when we had ashortage of oxygen tents and hospital beds. It comes down tothe humble unseen unsung supply chain!
Denne historien er fra December 03, 2022-utgaven av Businessworld India.
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Denne historien er fra December 03, 2022-utgaven av Businessworld India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
