In globalization, the United Arab Emirates (UAE) sets its goals concerning the growing globalized technology, investment, and labor. The country must share the effects of the Global Pandemic COVID-19 due to interdependence and connectivity. The world is still assessing the financial and human costs of COVID-19; the recent surveys conclude that there is a massive impact of Global Pandemic COVID-19 on the world’s economy. The International Monetary Fund’s outlook forecast a considerable crisis in the world’s financial activities, which will be much larger than the world’s recession in 2008 and 2009. The primary priority is to get a comprehensive view of the Supply Chain procedures. It also helps with the current Supply Chain management as the companies in the UAE will get a proper distinctness of material and flow during the supply chain procedures, allowing problems to be recognized and treated at the start of the process before the Supply Chain setbacks occur. It will stimulate long-term flexibility for Supply Chains in times of the global pandemic COVID-19 in the UAE.
Case – Reference no. 621-0037-1
Authors: Muhammad Usman Tariq
Published by: Abu Dhabi School of Management
Published in: 2021
Length: 11 pages
Topics: Supply chain management; Barriers; IMF; Supply disruption; Supply chain challenges