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ARTICLE · 05 OCTOBER 2022

Unchaining Supply Chain Issues

The world is in a different place today. Global supply chains have been under an unprecedented strain since the start of the pandemic in early 2020, and delays, interruptions and escalated costs continue to be the norm.

IndiaCorporate/Commercial Law

1.      Introduction

The world is in a different place today. Global supply chains have been under an unprecedented strain since the start of the pandemic in early 2020, and delays, interruptions and escalated costs continue to be the norm. This means companies are continuously navigating an unpredictable environment as they go through shortages while grappling with continuous and cascading bottlenecks. In 2022, the wider geopolitical implications of Russia-Ukraine war and renewed COVID-19 lockdowns in China contributed in compounding an already bleak global supply chain situation. Existing restrictions imposed on Russia coupled with the potential for further restrictions continue to impact the wider crisis. Organizations have had to adapt their operations and all the stakeholders in the entire chain are learning ways and means to modify business practices. Despite the mammoth impact on the supply chain, surprisingly, litigation has not erupted and companies

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