As China factories reopen, supply chains still mired in uncertainty - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The ongoing barriers facing manufacturers in China highlight the duration and uncertainty surrounding the recovery of supply chain operations

in place to combat the domestic spread of the virus. Many manufacturers in China will likely see supply shortages of their own — for instance, stricter quarantine measures in Vietnam would limit domestic production of the Apple displays that are sent to China for assembly, .

Further, 62% believed they would have these issues in the next six months, highlighting the anticipated domino effect which would prolong the recovery process. One significant difficulty that companies face is accurately projecting the demand for products, given the uncertain economic conditions. Larger players may need to extend assurances to smaller suppliers if they want to quickly ramp up demand, as the volatility will cause suppliers to be more cautious in production output.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Oh I see, we’re gonna start calling them “China Factories” just because they originated in China? racist doublestandard

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China may issue new policies to stimulate auto demand: vice industry ministerChina may issue new policies to stimulate demand for automobiles, with the country's auto industry still facing difficulties, Xin Guobin, vice minister of industry and information technology, said on Monday. Any doctors here? Can you try nebulizer with vinegar on the infected patients since the coronavirus hit the lungs? Please try it. Like another transformers movie? michaelbay
Source: Reuters - 🏆 2. / 97 Read more »