China Transport Supply Chain Risk Management Challenges Face to Covid-19 Analysis

Abstract

Veslav Kuranovic

The international COVID-19 outbreak at the beginning of 2019 has had a huge influencing factor on lot of global and local manufacturing transportation chains, and triggered a continuous risks of logistics chains breakage by the way the COVID-18 pandemic has revealed the weakness of intercontinental supply chains arising from initial raw material scarcity, mass production and transportation disruption, and human being isolation. Among them, the short-term and medium-term and long-term impacts include encouraging companies to improve the flexibility of supply chains by constructing supply chains digital platforms, supply chains diversification systems and supply chains early warning system in the short, medium and long term, the global supply chains layout will change from internationalization to regionalization, and some high-end manufacturing industries will have a backflow trends. The risks associated with global supply chains management have created a discourse among practitioners and academics. Supply chains risk management is an integral function of the supply chains networks. Supply chains risks management have increasingly becoming a more popular research area recently, when COVID-18 appeared regionally, internationally and globally. In the article there are presented different calculation equations beginning from risk assessment during transportation and finishing by risk modeling, there are important factors influencing logistics and mainly supply chains when different types of risks appeared during COVID-22 transportation time.

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