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Stock impact report

Pandemic Imperils Business Focus On Low-Cost Supplies? Really? [Forbes]

Starbucks Corporation (SBUX) 
Last starbucks corporation earnings: 4/28 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Company Research Source: Forbes
Scrappy Shenzhen is one of China's high-tech business hubs.GettyWith the COVID-19 pandemic still spreading around the world, the death count rising daily, and social risks rising in many countries, it’s still tough to make many lasting predictions about the long-term fallout from one of the world’s worst disasters of the past century.One long-time business approach that’s already seen in jeopardy is for multinationals to prioritize low costs in their manufacturing and sourcing investment decisions. What used to be good business now can “imperil the business,” according toa new report this week by global consultancy Bain.“The Covid-19 outbreak isn’t an isolated event,” Bain said.Disruptions are increasing in frequency and magnitude, including geopolitical events, climate-related disasters and public health crises. Brexit and the US–China trade war are recent examples.“For decades,it continues, “low-cost supply and minimal inventory were the key tenets of supply chain management,” Bain Show less Read more
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