Manufacturers and distributors were among the first sectors to feel the impact of the COVID-19 pandemic. Supply chains took an immediate hit as travel restrictions and distancing guidelines went into place across the globe. Organizations may continue to feel the effects during the recovery phase as social distancing guidelines augment typical production environments and suppliers respond to the financial repercussions of the pandemic’s disruption.
Topics: tax relief, COVID19, Coronavirus, supply chain, manufacturing, distribution
Turbulence in financial markets has further compounded as business operations encounter interruptions from the COVID-19 virus. While monitoring for the long-term financial ramifications from the pandemic, leaders also face challenges with day-to-day functions like managing employee headcount and ensuring their remote workforce can securely access company systems. The following considerations may help ensure your organization is responsive to the uncertainty caused by the COVID-19 pandemic.
Topics: COVID19, Coronavirus, cash flow, supply chain
