Thomas O’Connor, senior director analyst with Gartner, relates the lessons that manufacturers and retailers can learn from China, which is just now emerging from lockdown due to the coronavirus pandemic.
Demand for cold-storage space has surged after bars, restaurants and sports venues closed, leaving their suppliers hunting for new customers or somewhere to store the unsold food. Products like vegetables and meat that are usually sold fresh are now competing with frozen food staples for the same storage space.
Ron Leibman, head of the transportation, logistics and supply chain management practice at McCarter & English LLP, outlines some the legal issues and complications that are likely to arise as a result of the coronavirus pandemic.
Even if the coronavirus pandemic is winding down — and we’re not entirely sure that it is — we still face the prospect of a deep and prolonged economic downturn.
While traditional higher education will remain a valuable asset, we are witnessing the death of our post-World War II, post-Industrial Revolution economy, where workers earned a steady paycheck for 40 years with a corporate entity, then retired comfortably at 65 with few or no hiccups.
Autonomous-vehicle and drone technologies have been advancing steadily in recent years. The coronavirus pandemic, however, could serve to accelerate development of those innovations.
Even as countries try returning to some semblance of pre-pandemic life, ongoing restrictions are wearing thin a crucial human link in the global supply chain.