In March 2020, the World Health Organisation declared the coronavirus outbreak sweeping the world to be a pandemic. The virus has affected more than 180 countries and territories around the globe, and claimed more than a million lives. Many countries continue to step up their containment efforts, travel restrictions are still being implemented, and many millions of people are still in lockdown.
The outbreak sheds light on an issue that stands to disrupt global business for months to come: the impact of a shock on global supply chains – especially for the alarming number of businesses still reliant on a single, centralised supply chain.