Covid-19’s Impact on Supply Chain Practices in the Republic of Serbia

Abstract

This paper focuses on supply chain practices before and after the COVID-19 pandemic. Supply chain disruptions due to COVID-19 on the sup­ply, demand, and logistical side are thoroughly explained and presented. The paper addresses how the pandemic exposed the vulnerabilities and de­ficiencies of the lean, JIT global supply chain model. This paper also presents short- and long-term strategies that companies have taken to mitigate sup­ply chain disruptions. As a contribution to the paper, results from the re­search on COVID-19 impacts on the Serbian economy and business, that the Serbian Chamber of Commerce has conducted, are shown. The paper aims to highlight the most important supply chain measures and strategies need­ed to stay competitive during any pandemic.