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Global manufacturing post COVID-19 – paper about the industry effects of the pandemic

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The economic shockwave of the pandemic has affected manufacturing and the accompanying logistics. While reacting countries closed their borders one after the other, residents found themselves shut inside their homes, impacting the global job market by slowing down all industrial procedures, and in many cases forcing them to stop entirely.

Supply has also slowed. Given the almost global shutdown of  flights, terrestrial and oceanic infrastructures have been experiencing unprecedented pressure. Meanwhile, demand for medical equipment has increased to an extent that has been impossible for manufacturers to meet it.

The question arises: how different will manufacturing be in a post-COVID-19 world? This is one of the topics touched by the paper published by ELKH SZTAKI director László Monostori and József Váncza, the head of Research Laboratory on Engineering & Management Intelligence.

The English-language publication, Lessons Learned from the COVID-19 Pandemic and Their Possible Consequences on Manufacturing, is freely available here.