The coronavirus pandemic could result in some permanent changes to the way in which global supply chains operate.
The immediate impact of the COVID-19 outbreak is clear: the rising number of illnesses and deaths; shuttered factories, distribution facilities and retail operations, and a plunge in consumer buying due to quarantines, both voluntary and mandated. But there are bound to be serious longer-term effects as well. On this episode, we get a snapshot of this fast-changing situation from Sarah Rathke and Karol Denniston, partners in the law firm of Squire Patton Boggs. They discuss the current state of supply chains in China and around the world, with a particular focus on financial matters, such as the question of companies’ access to the cash and credit they’ll need in order to recover from the inevitable economic downturn. They also address what a “new normal” in supply-chain relationships might look like, when the crisis finally comes to an end. Hosted by Bob Bowman, Editor-in-Chief of SupplyChainBrain.
A client advisory from Squire Patton Boggs on issues arising from COVID-19 in China.
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