Coronavirus Outbreak Reveals the Weakest Links in the Supply Chain
For many firms, the outbreak of COVID-19 has meant staff working from home and more use of teleconferencing rather than face to face meetings. However, it's a different situation for manufacturers because, despite investments in automation, reducing the need for staff on assembly lines, they still need staff for most operations, including to receive raw materials. The impact of Coronavirus is both global and unpredictable, and the supply chain shock it is causing will most definitely and substantially cut into the worldwide manufacturing revenue of US$15 trillion currently forecasted for 2020 by ABI Research.