Increased Inventory Costs Role In The 'New Normal' #898
The 'New Normal' is on the mind of every business owner and manager right now.
For many, that means Face Masks, Social Distancing, Sanitising.
But what about the secondary financial impacts?
Not just the costs of these new safety measures, but of increasing inventory costs.
Supply Chains around the world have broken.
The best way to ensure your business against disruptions in the supply chain is to maintain higher stocks of inventory.
That comes at a cost, of course.
But you may not have much choice.
#inventorymanagement #supplychainrisk #businesssurvival