While 43% of retailers say they’re taking aggressive action to mitigate the effects of COVID-19, 38% are taking only some action, and 19% are taking a wait-and-see approach, according to Digital Commerce 360. Retailers need to take significant action, however, to address the following five issues, says the research company: 1. Consumer confidence: 97% of […]Read More
GOOD QUESTION | How should shippers adjust their supply chains in response to the disruption caused by COVID-19?
Keep a daily pulse on supply and customer demand. Daily monitoring on COVID-19 restrictions in supplier and customer locations is essential to understanding when and where to ramp up or down capacity within your supply chain limits. It’s also important to communicate up and downstream projected manufacturing or demand signals so that your supply base […]Read More
As the COVID-19 crisis and focus spreads, specifically in the United States—leading the world in reported confirmed cases north of 124,000 as of March 29, 2020—businesses and supply chains continue to come under increased pressure and are put to the test on a daily basis. As shippers apply current lessons learned from the pandemic to […]Read More
When we head to the gas station, we rarely think twice about whether there will be fuel at the pump. Fuel supply management is never really a concern for consumers until there is a shortage or a pandemic, such as COVID-19. But for supply chain managers, the coordination and smart replenishment of fuel are monitored […]Read More