Nowadays businesses are facing a burden the coronavirus puts on supply chains
Here’s how COVID-19 impacts global supply chains. Source:?shutterstock.com
According to Zurich North America, the commercial property-casualty insurance provider, the COVID-19’s spread is not only impacting shipping lanes, ports, and locations, but also the people inside manufacturing facilities.
The report revealed that China is one of the largest manufacturers of parts and products for businesses worldwide. That means that the virus broke out in a specially sensitive region of the world when it comes to supply chain risk. The coronavirus made infected and those coming in contact with the infected to go into quarantine for at least 14 days. Furthermore, cities and even whole countries closed the borders to stop the spread.
Despite the necessity of business leaders to keep employees safe, many of them need to remain open and are reliant on the delivery and distribution of supplies and goods.
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