With the
world economies suffering from the COVID Virus or as more commonly known by the
Americans – The Wuhan Virus, the world has moved into a state of
deglobalization. Countries have closed their borders; international flights
have been grounded and the country leaders are talking about becoming
self-sufficient.
Some
countries have stopped the visas of other nationality people whereas some have
increased the import duties to encourage the self-sufficiency and self-reliance
concept.
It is not
that these decisions were taken in a blink of the eye moment, but there were
incidences which led to such decisions like the supply of faulty testing kits.
But the
Questions that haunt us right now are: With the death tolls continuously rising
and the economies crashing, will the countries continue to support
deglobalization? What if one country achieves a breakthrough and all the other
countries (Powerful, developed nations) are fighting with each other leave
alone suppressing the under-developed and developing nations to get their hands
on the magical life-saving formula? What would be the best way to save maximum
number of lives by ensuring “THE MOST RESPONSIVE SC TO DATE”?
From the
data gathered by the WHO website, we understand that, there are currently 169
candidates in the list with 26 top contenders in their human trial phase.
Let us, for
the sake of discussion, say that Russia’s SPUTNIK V is successful in making the
vaccine, and it has a production capacity of 100,000 dozes per day. The
population of the world is 7.8 Billion as per the data taken from google.com,
by doing the basic calculations, we can see that it will take around 7800 days
which is almost 215 years for each and every person on the face of Earth to be
vaccinated, (assuming that only one manufacturer is present). It is obvious
that the drug maker will increase its production over the time period and also
the other drug makers in the world will try to imitate the formula and make
similar drugs and the time might be reduced. Speaking very optimistically, and
taking all the capacity enhancement procedures, it will at least take 50 years
for 7.8 Billion People to get the vaccine.
Not having
a properly designed SC, may lead to a World War III between the powerful
nations who will try to save their people which will lead to further
destruction rather than curbing it. It is therefore very important that the
decision makers think about a unique, robust and most responsive supply chain
and make the vaccine available around the globe in the least possible time.
The work
for developing a COVAX (as the WHO calls it) is ongoing at an unprecedented
speed. Some of the countries which are in the race are:
1. Russia
2. USA
3. India
4. China
(with no one buying from it due to past experience)
5. Germany
Another
important factor is the shelf life of the vaccine and the conditions in which
it has to be transported from the drug maker to billions of people around the
globe. As per the field experts, the vaccine will have to be transported at 2
to 8oC, which is another feather in the hat of problems.
The
suggestions from a logistics student perspective would be, the world leaders in
logistics operations, to start building and investing to develop a supply chain
that the world has never witnessed before. All the three modes; Land, Water and
Air, should be used to the maximum capacity to transport the vaccine; in return,
the drivers of this robust logistics system should be vaccinated first, so that
they are motivated to help save the mankind.
Proper and
directed decisions to be taken and all the contenders in the world should be connected
initially to increase the production capacity, so that all the netizens of the
world can be vaccinated at the earliest.
👍
ReplyDeleteIt is so true but On one option can be to set up the production and distribution capacities in different Nations and with joint venture with the other capable companies can increase the production capacity and also the can decrease the costs for production and logistics.
ReplyDelete