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How the Coronavirus Is Impacting the Supply Chain

Posted by Zirks on Mar 23, 2020 12:42:00 PM
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COVID-19. You can’t turn on the TV, read a newspaper, or get on social media without someone talking about the pandemic. Whether it’s bad news, very bad news, or stories about toilet paper hoarding, this newest strain of coronavirus is affecting our very way of life.


And, unfortunately, supply chains are not immune to the virus. Hundreds of articles have come out (and here’s one more) discussing the supply chain disruption, with companies announcing manufacturing and shipping delays or outright closing of plants. To add to that, businesses are seeing less global demand due to fear and distancing, which can bring about long-term damage.

The fear is real. It is strong. And there doesn’t seem to be an end in sight.

But, not all is lost. While people talk about how flimsy our current supply chain is to break down so easily, there are some things we can learn about the global pandemic.

Here are 3 lessons we can learn about how to manage supply chains in a post-coronavirus world:

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Topics: supply chain, Trends

How Can You Plan for Unplanned Spend?

Posted by Zirks on Mar 10, 2020 12:08:00 PM
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For supply chains, living with uncertainty is just a part of the job. Delayed logistics, shortages and increased tariffs are all things that have gone wrong in supply chains. And, of course, all of these challenges cost money. In fact, it’s probably not surprising to learn that suppliers can blow through their annual budgets within the first quarter.

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Topics: supply chain, Importing, Trends

[webinar invite] Learn How to Grow Your Fastener Margin by 30% This Year

Posted by Zirks on Jan 22, 2020 2:20:17 PM
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Since our inception, people have had a hard time associating Zirks with our parent company, global importer and master distributor, Earnest Machine. As our President, Kirk Zehnder, likes to joke, “in 2009, the idea was born… 10 years later, it launched.”

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Topics: supply chain, Importing, Trends

Global Trade: 4 Things to Watch for in 2020

Posted by Zirks on Dec 18, 2019 1:08:24 PM
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Global Trade

 

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Topics: supply chain, Importing, Trends

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