Impact of COVID-19 on Supply Chains: A Hybrid Trade Credit Policy

The COVID-19 pandemic has affected all sectors of the world’s economy and society. Firms need to have disaster recovery business sustainability plans be able generate profits in order develop. Trade credit may a good way for firms free up cash flow finance short-term growth. Extensions payment will provide with low-cost loans under guarantee scheme. Implementation hybrid trade activities been shown improve financial crisis many firms, effects are particularly evident within two-echelon supply chains. An economic quantity (EOQ) model is derived conditions deteriorating items, an upstream full or discount, downstream partial chain. A computer program developed numerical solution example used show solution’s form verify that gives minimum total cost per unit time.