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.
Oh I see, we’re gonna start calling them “China Factories” just because they originated in China? racist doublestandard
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Source: Reuters - 🏆 2. / 97 Read more »