COVID19: Testing the resiliency of Retail Supply Chain

 

Is COVID 19 could be a black swan event that will force many companies and entire Supply Chain & Logistics Industry to prepare both short and long term strategic plans? This pandemic highlights the need to transform the supply chain & logistics models and test its resiliency to adapt while finding ways to mitigate risks. 

 

According to Dun and Bradstreet recent data, services, wholesale, manufacturing, and retail account for more than 75 percent of businesses in the impacted region of China. On a global level-this 75 % of businesses have to serve 51,000 companies, with 938 of those being Fortune 1000 companies.