There is a lot of uncertainty in the current business climate.
As the past year has shown us, we need to be adaptive and pro-active to ensure that we can continue operating regardless of COVID-19 alert level. This is a challenge for businesses all over New Zealand.
Last year, almost 75% of businesses reported some level of supply chain disruption. Many companies were forced to spend a great deal of time and money searching for new supply channels and product. Unfortunately, this created more risk for many, as far as quality, compliance and guaranteed delivery were concerned.
In one case during 2020, a New Zealand re-seller was hit by the sudden closure of a Chinese manufacturer, resulting in a significant shortfall in PPE stock with no contingency in place.
This impacted a number of their customers including a large NZ food processor who were left without suitable PPE for their operation which lead to: