The Impact of COVID-19 on the Global Supply Chain: A Discussion on Decentralization of the Supply Chain and Ensuring Interoperability

Abstract

Focusing on reconstruction of the Global Supply Chain (GSC), which has been accelerated by the spread of the COVID-19 pandemic, this study considers how COVID-19 has impacted the GSC and the appropriate approach to Supply Chain Risk Management (SCRM) in the future. Due to the spread of COVID-19, manufacturing industries across the world, including those in Japan, have faced difficulties in procurement and continuation of production. Under these circumstances, the Japanese Government has implemented measures to support the supply chain. This study reviews the decentralization and complication of the GSC triggered by the changing environment around it and the support measures undertaken. Considering a more decentralized and complicated GSC in future and its SCRM, the authors will continue to examine the effectiveness of the introduction of a management system based on standardized rules in the region concerned.