Article Analysis -Brown, LaVern

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Feb 20, 2024

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1 Article Analysis LaVern Brown Indiana Wesleyan University ECO-330-01D: Appl Microeconomics - Business Dr. Gary Wilkinson April 20, 2023

2 Article Analysis Topic: The article “How COVID-19 impacted supply chains and what comes next,” by Sean Harapko. Author’s Main Point or Argument: The author argues that the COVID-19 pandemic has significantly impacted supply chains across various industries, and companies must now rethink their supply chain strategies to mitigate future risks. The article highlights how the pandemic has exposed the vulnerabilities of global supply chains, with disruptions causing shortages of critical goods, from medical supplies to semiconductors. The author suggests companies need to consider diversifying their supplier base, investing in technology to improve supply chain visibility and resiliency, and working closely with suppliers to build more flexible and responsive supply chains. Analysis of the Author’s Conclusions:The author’s argument that the COVID-19 pandemic has had a significant impact on supply chains is well-supported by the facts presented in the article. The pandemic has disrupted global supply chains and caused shortages of critical goods, highlighting the need for companies to rethink their strategies. The author provides a comprehensive analysis of the impact of the pandemic on supply chains, including the challenges and opportunities presented by the disruption. Furthermore, the author’s recommendations for companies to diversify their supplier base, invest in technology, and build more flexible and responsive supply chains are sound. Companies that are too reliant on a single supplier or region for critical goods are vulnerable to supply chain disruptions, and building resiliency into the supply chain is essential to mitigating future risks. The author also highlights the importance of working closely with suppliers to build

3 more flexible and responsive supply chains, which is an important point, as collaboration and communication are essential to supply chain success. However, the article could have benefited from a more in-depth analysis of the challenges companies may face when attempting to implement these recommendations. For example, diversifying the supplier base may be challenging for some industries, and building more flexible and responsive supply chains may require significant investments in technology and infrastructure. Additionally, the article does not address the potential impact of geopolitical risks, such as trade wars or political instability, on supply chains. Overall, the article provides valuable insights into the impact of the COVID-19 pandemic on supply chains and the need for companies to rethink their strategies. The author’s arguments are well-supported by the facts presented in the article, and the recommendations provided are sound. However, a more in-depth analysis of the challenges and potential risks of implementing these recommendations would have strengthened the article.

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4 References Harapko, S. (2023, January 6). How COVID-19 impacted supply chains and what comes next . http://www.ey.com/en_us/supply-chain/how-covid-19-impacted-supply-chains-and-what- comes-next

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