The Coronavirus crisis has a strong impact on the global economy, including the international supply chain.

Because of containment measures that were taken by the government transport, many companies are suffering from certain difficulties. A return to normal is not expected before 2021, or even 2022.

The sudden cessation of several activities in Morocco and around the world, means that Moroccan exporters are faced with a new and even unique situation. All air, land and sea supply chains are influenced by the spread of the new coronavirus-Covid19.

The economic sectors that have been impacted by the COVID-19

  • The exporting pharmaceutical sector suffers from a stockout in the African market, explained by the fact that each export of medicine is now subject to authorization and a study on a case-by-case basis.
  • The fishing sector is itself doubly affected by two factors: first, the biological rest at the start of the year and currently, the negative impact of the virus on the supply chain of raw materials upstream, which has a direct impact on export capacities.
  • The agri-food sector, has just begun to stabilize in recent weeks after several problems concerning the drop in demand, late deliveries and the cancellation of several orders.

How to overcome the Covid-19’s impact on the supply chain management

In the future, the exporters must develop  their abilities to be fast, reactive and efficient and plan for uncertainties, they  must have a flexible business model to be able to change products if necessary, target markets to focus their  efforts on a particular segment, and diversify sources of supply to reduce uncertainty.

Investors also have to secure the production chains as much as possible and reduce their foreign dependence.

All sectors must invest in research and development to study all aspects of this crisis and put in place corrective measures to overcome its consequences.

Investors must also innovate and come up with interesting plans to continue to operate and improve the country’s economy.

The Moroccan government has to support small businesses, as it had put in place strong measures to fight the pandemic; these companies suffer currently from significant losses and cannot continue to operate.

Covid-19 remains a virus that has a very significant impact on logistics activities around the world, the global economy will recover soon, if the right decisions and commercial strategies are  well implemented, to improve the performance of these various sectors.

Author

OUAHDOU Yasmine

 

 

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