Impacts of COVID-19 on Global Logistics Industry
Posted By: smartData May 7, 2020Countries around the world have briefly closed the factories so that their workers can remain home and restrict the spread of the virus. The resulting shortage has occurred in various markets, particularly in medical supplies, which has seen urgent buying demand. In other industries, inventory production has decreased. As lockdown in many countries will not …
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How COVID-19 have changed the business strategy of online Retailers
Posted By: smartData April 24, 2020The outbreak of coronavirus is a serious market disaster. It is the latest reminder that businesses must plan and prepare for the unexpected to be agile and resilient. In order to adapt rapidly, the retail industries need to reorganize the market and operating models. Consumer behavior, product demand, and the availability of retail, factory, and …
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Manufacturing Industry changing business strategy amid COVID-19
Posted By: smartData April 24, 2020As most of the manufacturing business is shut down due to the global pandemic, there are few manufactures still open for essential business. Sixty-five percent of manufacturing companies are operating in some capacity, according to David Britt, chair of the economic development committee of the Spartanburg County Council. Some facilities have even pivoted to produce …
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