POST COVID IMPACT ON TRADE AND COMMERCE AND HOW INFORMATION TECHNOLOGY HAS HELPED COPE WITH IT

The impact of Covid-19 in our live scan be debated and discussed endlessly. What can safely be concluded is that, never has the world seen an almost halt to its proceedings in the way it has during the last 2 years. The effect on human lives is clearly reflected in the economic slowdown of various degrees in the world. It has compelled us to think about innovative ways to respond to sustaining businesses and thus helping the lives dependent on both sides of the Demand-Supply Chain. While the Scientific world grappled with getting the Vaccine against the dreaded Virus, technology has emerged as the ‘invisible vaccine’ connecting people across the world. The umbrella of information technology has expanded in an unprecedented manner reaching a new audience which has finally awakened to its utility, creating its own unique eco-system of growth. A fascinating new way of IT-based life is evolving along these troubling times of the pandemic. With a new set of numerically large users ready to embrace it in its various forms, it appears ready, more than ever, to become a mainstream way of conducting business.

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Keywords: Covid-19, Information Technology, Demand-Supply Chain, Eco-System of Growth.


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