Demand for HR services is plummeting amid hiring freezes, layoffs and furloughs to prepare for the economic slowdown caused by the COVID-19 (coronavirus) pandemic. However, demand is increasing from select markets such as online retail, delivery services and pharmacies, which is providing some relief to the market.
Coronavirus Buyer's Guide - Transportation & Logistics
While some transportation and logistics providers are struggling due to their reliance on weakened buying markets, others, such as those transporting essential products and services are faring well so far during the COVID-19 (coronavirus) pandemic.
Coronavirus Buyer's Guide - Business Travel
Business travel providers are facing unprecedentedly high financial risk levels from the historically low demand for non-essential travel amid the COVID-19 (coronavirus) pandemic.
Sourcing Outside the Box: New Vendors to Tap for COVID-19 Supplies
Sputtering demand and supply chain disruptions have led some manufacturers to close up shop, but others are ramping up fast.
Coronavirus Risk Assessment - Auto & Auto Parts Manufacturers
The escalation of the COVID-19 (coronavirus) outbreak poses a high risk to the auto part and automotive sector. A high level of risk stems from the virus’ negative impact on the industries that make up the auto part and automotive sector.
Coronavirus Risk Assessment - Commodities, Chemicals & Raw Materials Manufacturers
Manufacturing output and profitability have been harmed due to raw material shortages. Due to China’s presence as a major supplier for raw materials, metals and most commodities, businesses are scrambling to effectively source manufacturing materials from new vendors outside of the impact of COVID-19 (coronavirus).
Coronavirus Risk Assessment - Construction, Engineering & Real Estate
Fears of the COVID-19 (coronavirus) outbreak spreading are affecting the construction, engineering and real estate sectors. The construction industry in particular is bracing for sluggish short-term growth caused by supply chain disruptions.
Coronavirus Risk Assessment - Consumer Packaged Goods Manufacturers
Consumers rushing to retail stores to stock up on supplies may initially boost CPG sales. However, as affected countries limit or close their borders to import and export activity and consumers stay at home to avoid exposure, shortages for many products may occur.
Coronavirus Risk Assessment - Food & Beverage Manufacturers
Limited staff, Chinese import and export restrictions and administrative confusion are threatening many points along the food and beverage supply chain. Moreover, reduced patronage of restaurants and bars is negatively affecting downstream demand.
Coronavirus Risk Assessment - Finance, Insurance & Private Equity
The escalation of the COVID-19 (coronavirus) outbreak poses a high risk to the financial services sector. A high level of risk stems from the virus’ negative impact the industries that make up the financial services sector (i.e. Insurance, reinsurance, investment, investment banking, real estate and technology manufacturing industries).
Coronavirus Risk Assessment - Government and Not-for-Profit
Public areas and institutions intended to accommodate high volumes of people are among the most common places for diseases to be spread. In the wake of the COVID-19 (coronavirus) outbreak, government and nonprofit organizations are adjusting their operations to help slow the spread of infection.
Coronavirus Risk Assessment - Healthcare Products
Healthcare products are distinct in the context of COVID-19 (coronavirus) because demand for certain goods, namely personal protective equipment (PPE), is rapidly rising while factory closures are limiting production. Manufacturers in active facilities are ramping up production to attempt to meet growing global demand, but downstream buyers are still dealing with shortages.
Coronavirus Risk Assessment - Healthcare Services
The spread of COVID-19 (coronavirus) is likely to be especially prominent within general hospitals and in nursing care facilities, which will prompt healthcare service providers to take significant precautionary measures to prevent the transmission of the virus, interrupting operations. High supply chain risk due to shortages of personal protective equipment (PPE) and pharmaceuticals, paired with heightened demand for healthcare services, will challenge market providers.
Coronavirus Risk Assessment - Information Technology
While the COVID-19 (coronavirus) has heavily threatened other industries, the information technology sector has been minimally impacted aside from potential supply chain shortages. However, we can expect that IT services will not face shortages or disruptions due to the coronavirus.
Coronavirus Risk Assessment - Manufacturing
Mass factory shutdowns are hurting the manufacturing sector, especially harming businesses with locations primarily in China. Manufacturers should expect further logistical delays and labor shortages in light of the COVID-19 (coronavirus) outbreak, which have affected the manufacturing of everything from machinery to furniture.