In this report, I look at how the outbreak of coronavirus could affect the global supply chain for companies not only in China but all around the world. I will look at the Just In Time (JIT) Inventory system and what a supply chain disruption could mean for businesses all around the world.
One of the side effects of a disruption of the global supply chains and JIT could be a shortage of goods, closing down of productions as important components and parts disappear. A supply shortage could, of course, lead to higher prices and could also drive smaller companies into financial trouble as their revenues dwindle.
"Just in Time (JIT)": https://www.investopedia.com/terms/j/jit.asp "Jaguar Land Rover rushes parts out of China in suitcases":
https://www.ft.com/content/c68b80d8-5266-11ea-90ad-25e377c0ee1f "China Coronavirus Lockdown Crippling Global Supply Chain":
https://www.voanews.com/science-health/coronavirus-outbreak/china-coronavirus-lockdown-crippling-global-supply-chain "As China battles coronavirus, should other countries worry about their drug supply?":
https://www.fiercepharma.com/pharma-asia/as-china-battles-coronavirus-should-other-countries-worry-about-their-drug-supply "Coronavirus Exposes Businesses’ Dependency on China": https://www.wsj.com/articles/coronavirus-exposes-businesses-dependency-on-china-11582035993?mod=article_inline
"The Top 10 Products Manufactured In China in 2018": https://www.sourcify.com/the-top-10-products-manufactured-in-china-in-2018/
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