Posted by: Domenic J Champa | September 16, 2020
If the recent pandemic has demonstrated one thing, it is that companies, large and small, are woefully unprepared for a supply chain disruption. The economic impact has been devastating on a global scale. The chart below demonstrates just some of the global economic disruption. Imports of just products from China experience over a 35 percent decline just within 4 months. Those declines have yet to be recovered.