The impact of the coronavirus on global logistics has been severe. Many countries have imposed substantial restrictions on border traffic.
The coronavirus has hit global trade hard. Because of the outbreak, many governments have imposed travel restrictions along with lockdowns with varying degrees of severity. The world’s trade lanes have all experienced double-digit declines. Most of them have experienced declines of over 30 percent.
The Chinese lockdown measures have had supply chain implications for many Western countries. This is because of the importance of China in so many of the world’s supply chains.
As a result, even businesses encountering increased demand, such small domestic appliances and electrical equipment, are facing supply chain issues that endanger their production.
The global impact of the coronavirus on the economy and supply chains is still difficult to assess in its entirety. However, what is already clear is that the impacts of the virus are severe and are likely to extend over the next few months at least.
So, how refurbishment services can be helpful for small domestic appliances and consumer electronics industry?
To be clear, this is not “THE” solution, but one of the right strategies useful to mitigate and/or financial/clients loss , because …
If is not possible sell brand new products due COVID shipping restrictions, could be sold refurbished ones , reducing a big part of commercial losses and opening a new commercial market
Products refurbished are much appreciated from online buyers, which seems , are increasing day by day.
From scrap returns, refurbishers can harvest spare parts useful to be sent to service centers, solving a big issue with customer satisfied, if the far-east supplier delay the production and the shipping.
Considering entire supply chains broken due to country lockdowns,
missing raw materials, longer lead times, etc. Refurbishment and harvesting spare parts, could be an instrument to avoid market speculations, containing costs and cash .
let’s talk about it, we can do it