PROCOOL Successfully Became the First Group of Companies to Resume Production under the Novel Coronavirus Epidemic!
Hey… Let’s say it out loud:
Our factory has resumed production. We’re back in business. WE’RE BACK IN BUSINESS!
“Eh… Aren’t you supposed to start on February 1st? Why put it off till the 12th?”
Because of this God-damn Novel Coronavirus!
What’s Novel Coronavirus?
Viral pneumonia that erupted from Wuhan, China.
Sweeping across China, with 59,901 infected and 1,368 dead (dated February 13, 2020).
More Novel Coronavirus (2019-Ncov) Situation Update?
WTO Reports (Eng): Daily update of data and trend of Novel Coronavirus worldwide.
Baidu Real-Time Data (Chs): A clear map of the real-time situation of Novel Coronavirus in China.
“Well… It looks horrible. But what does it matter to me?”
You might ask.
We sincerely hope that you will never experience “what’s it to you” firsthand. Because, by the time you feel it, the chain reaction is already on you.
Or worse, you didn’t have time to plan it well for your business.
How will Novel Coronavirus Affect Your Business in China?
Supply Chain Risk
Your suppliers could die, leaving you with nothing.
Right. If a factory can’t meet the conditions to resume work, it may simply fail because of the break in the capital. The government gives a long list of requirements, and you have to stay closed if you fail to meet any of them.
Not every city every manufacturer is able to resume production earlier.
Supply Chain Risk
Your suppliers could die, leaving you with nothing.
Right. If a factory can’t meet the conditions to resume work, it may simply fail because of the break in the capital. The government gives a long list of requirements, and you have to stay closed if you fail to meet any of them.
Not every city every manufacturer is able to resume production earlier.
Delivery Delaying
Don’t blame your supplier, because it’s totally out of their control. Any material falling short will bring further delay for you. You might be missing a promotion event, out of stock and forcing your customers directly to the door of your competitors. Better choose a matured supplier with a strong supply chain management ability. Never go for cheap prices by ignoring the risk.
Survival is always the No. 1 thing in the business world.
Costs Going up
The economic data for the first quarter is definitely ugly because of the outbreak. The government will adopt a looser monetary policy to stimulate the economy. Inflation expectations are clear. Material costs are already soaring on the way.
Organize your orders well in advance by fixing the cost and delivery time to avoid losses is absolutely a wise choice.
Costs Going up
The economic data for the first quarter is definitely ugly because of the outbreak. The government will adopt a looser monetary policy to stimulate the economy. Inflation expectations are clear. Material costs are already soaring on the way.
Organize your orders well in advance by fixing the cost and delivery time to avoid losses is absolutely a wise choice.
Crisis and opportunity always go hand in hand.
Let’s turn Novel Coronavirus into opportunity!
The process can be long and painful.
When push comes to shove, all you have to do is hedge your bets and keep your losses under control.
There’s always a rainbow after the storm.Difficulties will finally be a thing of the past. Just hang in there with us till the rainbows come out.
