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We are in an economic downturn that has no parallels, and it will be much worse than the 2008 financial crisis. If you do not talk to your suppliers now, do not be surprised when you call them this fall and receive no reply.
Mapping the CPO Response to COVID-19 as Global Recession Looms
We are in an economic downturn that has no parallels, and it will be much worse than the 2008 financial crisis. If you do not talk to your suppliers now, do not be surprised when you call them this fall and receive no reply.Read More
Also In This Edition
China Suppliers: Lack of Demand is New Worry
The economic recovery won’t be without any difficulties. Production shutdown is no more the main issue -- on the other hand, the new challenge facing Chinese manufacturers is lack of market demand due to prolonged shut down in key export markets of U.S. and Europe.
Beroe LiVE Survey: Companies face BCP Challenges as Coronavirus goes global
Amidst the great disruption to trade, business and normal way of life all across the globe, we ran a survey among users of Beroe LiVE, a community of thousands of procurement decision makers, to find out the level of preparedness when it comes to Business Continuity Plan (BCP).
Category Impact of COVID – 19: Logistics
China-Europe air cargo rates have hit new highs due to soaring medical demand. The air freight rates have risen by 35 - 40 percent in the past two weeks.
Stories that offer a blend of viewpoints from CPOs and market analysts
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