The impact of the coronavirus pandemic on global supply chains is “a major disruption, along the lines of having an earthquake or a tsunami,” said Morris Cohen, Wharton professor of Operations, Information and Decisions. “This is an unprecedented type of disruption. I don’t think we’ve ever seen anything quite like this.” Cohen is also co-director of the Fishman-Davidson Center for Service and Operations Management at the school.
We are yet to face many uncertainties that would swing from one end to the other. The supply chian is disrupted, farmers are refusing to harvest their products and hence the shortages will lead to an unprecedented rise in prices all over globally. All the more these price rises would lead in declines in demand which in turn may weaken the prices again. “All those things will happen and have already happened. There’s no magic answer here.” says Cohen to Wharton’s Senthil Veera raghavan when he talks with Wharton Business Daily on Sirius XM about the impact of the coronavirus on supply chains.
There is a need for brilliant initiatives at present to connect farmers to consumers at the Agriculture Department level and government level. One such brilliant initiative Led by Nilanjan Phillu, AD, Horticulture department. This is the need of the hour also, when the prices of vegetables are rising by each passing day. Direct procurement of veggies from the farmers and selling them to consumers at a reasonably low price and that too in a mobile way.
It's an amazing step taken because the farmers are not able to get their produce to the market and by starting this department has made sure that it benefits both the farmers and the consumers. It's done through HOPCOMS. This is to spread awareness of the beginning of this service in Bidar. They are covering one area every day.
We request all to make use of this service at this time in need.
Courtesy:FacebookPost:Vinay.V.Malge
