Article from ABAC Centre of Excellence Group

The worldwide coronavirus pandemic has disrupted life in just about every sense of the word, from personal health concerns and social distancing to shelter-in-place mandates and business closures.

But in the corporate world, life plods on. Critical concerns about ongoing sales and revenue, keeping personnel employed, safety issues inside the workplace, and uncertainty about the future are making business leaders lose a lot of sleep these days.

An added element that global organizations should genuinely be concerned about is the ongoing viability of the supply chain.  The pandemic is affecting different parts of the world at varying levels, so it’s vitally important to be continually vigilant in how the crisis is affecting your third-party suppliers, and how those supply chain partners are behaving and maintaining legitimacy in these uncertain times.