Rental equipment suppliers are not well-equipped to weather the economic storm introduced by COVID-19 (coronavirus). Falling demand for goods and services, widespread initiatives to avoid nonessential person-to-person contact, poor performance among manufacturers and rising credit risk is causing demand for rental equipment to shrink. Suppliers are responding by catering to home improvement and medical applications to stabilize their revenue streams. ProcurementIQ’s Rental Equipment Coronavirus Buyer’s Guide will help you understand the effects that the coronavirus is having on rental equipment providers.
Learn more about:
- Market Performance
- Supply Chain Risk Analysis - including Key Suppliers and Key Buyers
- Federal Coronavirus Aid, Relief, and Economic Security (CARES) Act impact on the market
- Creative Procurement Opportunities