Video Update on Effects of Coronavirus on Manufacturers
This video describes how, during the week of April 6th, more manufacturers experienced changes to standing orders, business practices, lead times, supplier access and materials/parts availability. However, the percent of manufacturers making adjustments to their business, as a result, was generally unchanged.
During the week of April 6, Gardner Intelligence conducted a survey to gauge the effects of COVID-19 on discrete parts manufacturers across all the industries that Gardner Business Media covers.
Last week, the most significant change experienced by manufacturers was to standing orders that were postponed or canceled.
While the March 30 survey indicated that manufacturers might be adjusting to the normal, the April 6 survey showed notable increases in the four changes related to the supply chain.
For more information on the April 6 survey, read this.
