With the World Health Organization (WHO) characterizing the outbreak of COVID-19 as a global pandemic and suggesting that countries adopt measures to restrict migration and commerce, the world and the international business community must ask the difficult question, "How resilient is the global supply chain really?"
Over the past month, AmCham China, working closely with Chinese central government agencies and manufacturing base provinces such as Hubei, Tianjin, Shandong, etc., has been helping member companies resume work to produce the most urgently needed epidemic control supplies and critical components that keep the world on track, from infrastructure and logistics, to the very flow of data.
However, as the world's stock markets are shuttered, indicating perhaps one of the worst, most unpredictable slowdowns of the world economy since 1997, who would China sell to? And moreover, how will companies wrestle with never before faced challenges, such as:
- Procurement management structuring supply networks
- Executives making investment decisions to reduce supply chain vulnerability
- Retaining employment and maintaining competitive pricing
To explore these challenges and questions, and take a deep look at the world's global supply chain from an executive perspective, we invite you to join a webinar on March 18 with members from AmCham China's Board of Governors.
Our expert panel will represent the high-tech, machinery, and sourcing & manufacturing sectors, as well as Bain & Company, with panelists sharing their experiences and cross-sector views on how to best navigate through the supply chain challenges inherent to the increasingly worsening COVID-19 pandemic.