Another supply chain crisis?

Devi Prasad Shetty
Nov 22, 2021 | 19:54 IST

If China’s zero-Covid strategy fails, the world & India should prepare for shortage of key products

“By failing to prepare, you are preparing to fail” – Benjamin Franklin

US Federal Reserve chair Jerome Powell recently said that Americans should be prepared for the global supply chain to remain in crisis through 2022. Lean manufacturing processes and just-in-time delivery mean a factory closure in one Asian country can unleash a global crisis.
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