Abstract This paper evaluates the adjustment of the global value chains (GVCs) after COVID-19, with a focus on resilience building within existing chains, selective reshoring, and geographic diversification. The author first discusses the pre-pandemic idea that GVC participation increases efficiency and then explains how the pandemic dual supply-demand shock revealed the vulnerabilities. The paper argues, […]
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Introduction to Blockchain Technology Blockchain technology has emerged as a game-changer in various industries, and one area where it holds immense potential is supply chain management (SCM). Traditionally, supply chain management has faced numerous challenges such as lack of transparency, limited traceability, and vulnerability to fraud. However, with the advent of blockchain, these challenges can be
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Introduction The Red Sea has long held historical significance as a vital maritime route connecting Asia with Africa, Europe, and the American continent (Bordering Countries: Egypt, Saudi Arabia, Yemen, Sudan, Eritrea, and Djibouti). The major ports on the Red Sea are Jeddah Islamic Port, Port of Sudan, Port of Djibouti, Port of Massawa Eritrea, Yanbu
The traditional model of global supply chains has been characterized by geographically dispersed production and centralized consumption. This model involved sourcing raw materials, components, and finished products from different countries and continents, taking advantage of lower labor costs and specialized expertise in specific regions. The finished products would then be transported to the centralized consumption
The Evolving Landscape of Global Supply Chains and the Role of Geospatial Technology Read More »
