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Mapping the COVID-19 Supply Chain

  • Project Name: Capacity Development for the Supply Chain Finance Program
  • Region/Country: Regional/All Developing Member Countries
  • Sector and Themes: Finance
  • Year: 2020
  • Project Leaders: Steven Beck
Mapping the COVID-19 Supply Chain
The COVID-19 pandemic forced manufacturing facilities and global supply chains to shut down or operate at reduced capacities.

Countries can use the tool to effectively plan for their supply of medical products to tackle the COVID-19 pandemic.

Development challenge

With globalization, businesses and their supply chains have become extremely interconnected and complex. The COVID-19 pandemic forced manufacturing facilities and global supply chains to shut down or operate at reduced capacities. In the health sector, the pandemic spurred demand for critical medical equipment like ventilators, personal protective equipment, and medicines. However, governments, investors, and others concerned were unable to easily find information on companies in the health supply chain, the products they manufacture, and supply chains they use. ADB’s TSCFP identified this information gap and saw the need to fix it so that slowdowns or blockages in the supply chains of key medical products could be addressed and the recovery from COVID-19 could be sped up.

Solution

ADB’s TSCFP team created an interactive mapping tool that allows governments, banks, investors, Health Care professionals, and companies to trace the supply chains of critical medical products such as masks, ventilators, and personal protective equipment. This initiative came into being alongside the $20 billion committed by ADB to fight COVID-19 and offset its global economic impact. The database has information on more than 25,000 companies involved in health supply chains.

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Through the TA, an interactive mapping tool was developed to help trace supply chains of medical products.

Knowledge products and services delivered

The TA supported an interactive mapping tool to trace supply chains of medical products and put on tap critical information that has benefited many Health Care companies. In particular, the tool allows countries to trace the supply chains of 34 critical medical products, including goods related to vaccines. Countries can determine the name, location, turnover, and other details of the companies involved in each part of the supply chain. They can then use this information to inform their medical resource sourcing strategy, and effectively plan for their supply of medical products to tackle the COVID-19 pandemic.

Impact and results

Banks, governments, other international organizations, and companies have used the tool to search out opportunities or to offset problems within global health supply chains. The tool now includes visual representation of vaccine trade flows from one country to another, and also features the latest news to help identify blockages that impede the supply chain of vaccine and cold chain distribution. The TSCFP is also considering additional uses for the tool in investigating the supply chains for non-COVID-related products.

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Information from the interactive mapping tool helped to effectively plan for the supply of medical products to tackle the COVID-19 pandemic.

Lessons for Replication

The experience with the mapping tool demonstrates the importance of knowledge products to achieve effective development results. The mapping tool shows that ADB’s experience—in this case its relationships with banks and other players in global supply chains—can be leveraged to both discover and address issues with widespread negative implications.

Hashtags:
#COVID19 #Health #Masks #Ventilators #TradeFinance #SupplyChain
Find out more: https://www.adb.org/multimedia/scf/#/
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