Pandemic Accelerates Supply Chain Trends
Lockdowns due to the pandemic have caused temporary and long-term business closures, bringing drastic changes in the way people live and work. Lockdowns have also caused disruption in the delivery of goods. Commodities and raw materials have seen bottlenecks, fueling uncertainty. But those who have been working in supply chains are no strangers to facing […]
Financial Planning in the Time of Pandemic
Financial planning has become more challenging amid the pandemic which altered the way people work and conduct their business. Most companies actually revised their 2020 capital expenditure budget by the middle of the year after governments across the world imposed border restrictions that limited the flow of people, products, and services. Revenue targets were also […]
Expanded Role is a Challenge to CFOs
A RECENT survey of 166 chief financial officers (CFOs) across 23 different industries shows that a large number of them feel that managing too many responsibilities is their biggest challenge. A white paper from Brainyard tracked the results of the 2019 survey and said 38 percent of CFOs consider their expanded role as the biggest […]
Pandemic Occasions Evolution Among Logistics Companies
Organized distribution of consumer goods through logistics service providers has always helped deliver essentials for everyday life. Then, COVID-19 happened. Because of lockdowns and government-imposed community quarantines, the pandemic changed the norm for LSPs. Consumer movement was limited. Transportation had boundary restrictions. Business establishments closed. The reduced distribution of goods affected their operations significantly. They […]