Reuters: Trade Compliance in the Age of Coronavirus: How to Plan Ahead Without a Crystal Ball
Story originally appeared in the Reuters blog on March 26, 2020. Excerpt of the story below. To see the full story visit blogs.thomsonreuters.com.
This is where you take out your crystal ball, right? That might be what ElMarie Hugo was thinking when she spoke recently on the topic of coronavirus and supply chains. Hugo is the senior director of industry strategy at Blue Yonder (formerly JDA). Hugo noted, “Supply chains should have flexibility and have the ability to deal with the fluctuation in demand and supply. [. . .] But if companies cannot – in a matter of three months – create alternative supply chains by sourcing from other locations, they are failing to have flexibility.”
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