COVID-19: how to build supply chains resilient to disruption

19 Mar 2020


China and the rest of the world continue to be affected by the outbreak of COVID-19 (novel coronavirus), with many more being nursed back to health by dedicated healthcare professionals who work tirelessly around the clock. Millions are displaced regionally and globally due to cautionary guidelines and travel restrictions. Global routes of all forms of transportation are temporarily disrupted for both businesses and everyday commuters.

A pandemic outbreak of this magnitude has caught companies and whole industries off guard, with a shockwave of ripple effects tearing through their supply chains and businesses. From a consumer angle, many companies suddenly do not have a clear demand signal as the outbreak has completely changed buying behaviors and patterns. In numerous industries, demand has dropped substantially or moved to online channels.

Click here to read full article from EY Global. 

Flipboard Icon

More Topics

Site Logo

COVID-19: Preparing for What Comes Next

Mar 19 2020
Join us to learn the latest on the impact COVID-19 is having on everything from small businesses to essential civil functions. Our moderator will engage speakers on their past experiences in emerging from economic calamity, whatever the cause -- natural disasters or previous outbreaks. Attendees will gain from past experiences...Continue Reading
Site Logo

Fund established to help Duluth area charities during this 'triple threat'

Mar 19 2020
Five Duluth nonprofits are setting up a fund to help other charities in the region weather the coronavirus crisis. The COVID-19 Northeast Minnesota Response Fund will help those facing a “triple threat from this public health and economic emergency,” said Holly Sampson, CEO of the Duluth Superior Area Community...Continue Reading
Site Logo

Minnesota's congressional delegation seeks federal support for businesses hurting due to COVID-19

Mar 19 2020
Minnesota's 10 Congressional delegates on Thursday, March 19, called on the federal Small Business Administration to free up Economic Injury Disaster Loans for businesses affected by the coronavirus pandemic. Sens. Amy Klobuchar and Tina Smith and Reps. Jim Hagedorn Angie Craig, Dean Phillips, Betty McCollum, Ilhan Omar, Tom Emmer,...Continue Reading