The fear of the infection spreading in the U.S. and elsewhere sparked last week a frenzied selling of stocks and buying of medical masks. Companies large and small, especially those that rely on Chinese production or suppliers, have warned that the coronavirus is affecting their business.
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I'm convinced that the current coronavirus epidemic will help unmask a lousy SupplyChain management practice at many North American corporations. What happened to all the sound riskmanagement practices such as second sourcing, double and triple redundancy, etc.
Because we depend on China for so much!