July 23, 2020
Why the global trade function means more than moving goods from A to B
COVID-19 has disrupted both supply and demand. Companies are needing to react swiftly to protect business and people, and keep goods moving. Some businesses are temporarily shifting to e-commerce and direct-to-consumer business models as demand reduces at physical locations. Others are changing manufacturing processes to produce goods needed to fight the virus, or having to modify supply chains, as forced by closures of manufacturing hubs. Executed well, a good trade function doesn’t just function – it delivers tangible benefits across the business. An EY article provides details.