What are best inventory method under pandemic

With the sudden outbreak of the new coronavirus 19 from the end of 2019 to 2020, pandemic has had a profound impact on our work, life and company operations.

Pandemic has largely imapcted on the gloabl supply chain, at the pandemic peak, production,logistic was stopped and low inventory turbover, demand is sharply decreasing or can not meet. With the transformation of pandemic, logistic is under recovery, demand is slowly increasing, the sales and marketing channel is shifting from offline to online. Many bussiness still faces with cash flow problem and fragile supply chain.

As shown in chart, confidence about economic recovery has dipped slightly since early April. Consumers in China and India remain more optimistic than their counterparts in the rest of Asia, Europe.

Chart: Optimism about country’s economic recovery after COVID 19

Net optimism %

As shown in below chart, value, availability, and quality were the main drivers for buying a different brand after COVID 19.

Chart: Top 3 reason’s of buying after COVID 19

The impact of the pandemic on market deamand is dynamic and multi-layers. How to better forcast the demand and work out best strategy on inventory plan? What is best supply chain model for us to make stock during pademanic period, we used (A)push make to stock or (B)pull, make to stock? Which is best investory managment method (A)Economic Order Quantity and (B)ABC categories investory managment?

                 Stay tune, we will update in next post.