While COVID-19’s effect on consumers and corporations has been widely publicized, supply chain disruption has hit small businesses especially hard, since many don’t have the reserves needed to weather unexpected and devastating changes.
If you’ve made any significant purchases lately, it’s likely you’ve encountered significant delivery delays. This is a function of the global supply chain and the many challenges it is currently facing. Here’s what you and your business should know.
Small businesses across industries are feeling the strain from supply chain challenges that have emerged as a result of the COVID-19 pandemic. Among the companies most impacted are those in eCommerce that are struggling to keep up with an increased demand for online goods from people who for health and convenience reasons prefer to shop online instead of in traditional stores.