The COVID-19 pandemic has cast clouds of uncertainty in the business landscape and resulted in a shutdown of several economic activities. As a result, businesses are likely to witness a paradigm shift in supply chains, operating models, consumer behavior, and procurement and sales strategies.
It is vital to take proactive steps to put your business in a secure position and accelerate the recovery process. Business resilience can go a long way in adapting to unforeseen circumstances and ensuring sustainability. Especially for players in the B2B commerce supply chain, uncertain times like these could present a “cat on the wall” situation.