Therefore, they focus on medical, food, and other products will not bethe priority and that makes the buying demand of end customers decreasing andaffecting to the supply chain managemen
Trang 1Changes in post COVID 19 supply chain management in retailers
COVID 19 is affecting to all the aspect of the economy all over the world and indeveloping country such as Vietnam also has affect with medical and economyXuan Huong (2020) Retailers play an important role in every economynationwide According to Oxford Economics (2020), it is estimated that there will
be 74% of enterpries will be bankrupted if Covid 19 lasts to 6 months in that theretailers such as KFC, The Coffee House, The Gioi Di Dong and lots of otherretailers have suggested to the government could help them in three issuesincluding recognized codid 19 as force majeure in order to apply the term in manykinds of contracts including hiring office or space contract, labor contract,importing material contract, ect to reduce to loss from COVID 19 Moreover, theyask the government for support 1.8 million VND to labor that help the labor couldhave enough money to spend their basic life because of COVID 19
Furthermore, it is asked for reduce 50% cost of electric, water and some other costs
to support them could overcome COVID 19 and otherwise they could bebankrupted
These suggestion is considering by the government and if 70% enterprise will bebankrupt, it could affect to the bad effect to the economy and society becauseretailers provide many slot in job to people, it could serve many customers with theneccesary things, and it could submit the tax to the government budget in order tohelp to develop the country Post COVID 19, there are many changes in supplychain management of retailers with lack of products, decreasing the buyingdemand of end customers and difficult to transportation
Trang 2First of all, during time of facing to COVID 19, the production will be postponedand reduced the productivity Therefore, it lack the products to arrange to supply tothe market For example, many producs import from China, and 4 months before,China has faced the COVID 19 infection in Vu Han and some big cities, so allactivities of production will be stopped during at least 4 months so that the endproduction could not transported to The Gioi Di Dong or some other retailers.Secondly, because of COVID 19, many people will be losed their job, and theirown business also will be affected
Thus, they will be more saving and reduce some costs and focusing on the maincost of life Therefore, they focus on medical, food, and other products will not bethe priority and that makes the buying demand of end customers decreasing andaffecting to the supply chain management of retailers post COVID 19.Furthermore, Because of decreasing of production and buying demand, it isdifficult to arrange the shipping vehicles to transport and logistics the productsfrom this country to another country or in internal countries
If there have the shipping, it will be high cost of transportation, and this couldmake the price of goods increasing For example, when Italy closed their coutriesand European, US, UK also closed their countries in April, 2020
There are many brand such as Honeywell, Siemens could not provide the products
to customers around the world because of closing the company and stoppingproduction Post covid 19, they need to recover their economy and the productswill be lacked Then, the shipment of products from that countries to othercountries all over the world could be difficult because the small shipment could bedifficult arrangement
Trang 3In short, Until now there have no vaccine and medicine could rescue if people areinfected COVID 19 and with the strong speed of infection, there are many badresults caused by COVID 19, esspeacilly to the economy, retailers and the supplychain management of supply chain management It is hoped that the medicine orvaccine could be found soon to help the economy could rise up and return as theprevious stage
Changes in post COVID 19 supply chain management in retailers
COVID 19 is affecting to all the aspect of the economy all over the world and indeveloping country such as Vietnam also has affect with medical and economyXuan Huong (2020) Retailers play an important role in every economynationwide According to Oxford Economics (2020), it is estimated that there will
be 74% of enterpries will be bankrupted if Covid 19 lasts to 6 months in that theretailers such as KFC, The Coffee House, The Gioi Di Dong and lots of otherretailers have suggested to the government could help them in three issuesincluding recognized codid 19 as force majeure in order to apply the term in manykinds of contracts including hiring office or space contract, labor contract,importing material contract, ect to reduce to loss from COVID 19 Moreover, theyask the government for support 1.8 million VND to labor that help the labor couldhave enough money to spend their basic life because of COVID 19
Furthermore, it is asked for reduce 50% cost of electric, water and some other costs
to support them could overcome COVID 19 and otherwise they could bebankrupted
These suggestion is considering by the government and if 70% enterprise will bebankrupt, it could affect to the bad effect to the economy and society becauseretailers provide many slot in job to people, it could serve many customers with the
Trang 4neccesary things, and it could submit the tax to the government budget in order tohelp to develop the country Post COVID 19, there are many changes in supplychain management of retailers with lack of products, decreasing the buyingdemand of end customers and difficult to transportation.
First of all, during time of facing to COVID 19, the production will be postponedand reduced the productivity Therefore, it lack the products to arrange to supply tothe market For example, many producs import from China, and 4 months before,China has faced the COVID 19 infection in Vu Han and some big cities, so allactivities of production will be stopped during at least 4 months so that the endproduction could not transported to The Gioi Di Dong or some other retailers.Secondly, because of COVID 19, many people will be losed their job, and theirown business also will be affected
Thus, they will be more saving and reduce some costs and focusing on the maincost of life Therefore, they focus on medical, food, and other products will not bethe priority and that makes the buying demand of end customers decreasing andaffecting to the supply chain management of retailers post COVID 19.Furthermore, Because of decreasing of production and buying demand, it isdifficult to arrange the shipping vehicles to transport and logistics the productsfrom this country to another country or in internal countries
If there have the shipping, it will be high cost of transportation, and this couldmake the price of goods increasing For example, when Italy closed their coutriesand European, US, UK also closed their countries in April, 2020
There are many brand such as Honeywell, Siemens could not provide the products
to customers around the world because of closing the company and stoppingproduction Post covid 19, they need to recover their economy and the products
Trang 5will be lacked Then, the shipment of products from that countries to othercountries all over the world could be difficult because the small shipment could bedifficult arrangement.
In short, Until now there have no vaccine and medicine could rescue if people areinfected COVID 19 and with the strong speed of infection, there are many badresults caused by COVID 19, esspeacilly to the economy, retailers and the supplychain management of supply chain management It is hoped that the medicine orvaccine could be found soon to help the economy could rise up and return as theprevious stage
REFERENCES
1 Oxford Economics (2020), “COVID 19 and its effect”
2 Xuan Huong (2020), “How COVID 19 affect to the economy of developing countries”
Covid-19 sẽ gây thiệt hại kinh tế như thế nào đối với các nước đang phát triển?, Vov.vn page
nuoc-dang-phat-trien-33254.html
http://mattran.org.vn/tin-tuc/covid19-se-gay-thiet-hai-kinh-te-nhu-the-nao-doi-voi-cac-Changes in post COVID 19 supply chain management in retailers
COVID 19 is affecting to all the aspect of the economy all over the world and indeveloping country such as Vietnam also has affect with medical and economyXuan Huong (2020) Retailers play an important role in every economynationwide According to Oxford Economics (2020), it is estimated that there will
be 74% of enterpries will be bankrupted if Covid 19 lasts to 6 months in that theretailers such as KFC, The Coffee House, The Gioi Di Dong and lots of otherretailers have suggested to the government could help them in three issues
Trang 6including recognized codid 19 as force majeure in order to apply the term in manykinds of contracts including hiring office or space contract, labor contract,importing material contract, ect to reduce to loss from COVID 19 Moreover, theyask the government for support 1.8 million VND to labor that help the labor couldhave enough money to spend their basic life because of COVID 19
Furthermore, it is asked for reduce 50% cost of electric, water and some other costs
to support them could overcome COVID 19 and otherwise they could bebankrupted
These suggestion is considering by the government and if 70% enterprise will bebankrupt, it could affect to the bad effect to the economy and society becauseretailers provide many slot in job to people, it could serve many customers with theneccesary things, and it could submit the tax to the government budget in order tohelp to develop the country Post COVID 19, there are many changes in supplychain management of retailers with lack of products, decreasing the buyingdemand of end customers and difficult to transportation
First of all, during time of facing to COVID 19, the production will be postponedand reduced the productivity Therefore, it lack the products to arrange to supply tothe market For example, many producs import from China, and 4 months before,China has faced the COVID 19 infection in Vu Han and some big cities, so allactivities of production will be stopped during at least 4 months so that the endproduction could not transported to The Gioi Di Dong or some other retailers.Secondly, because of COVID 19, many people will be losed their job, and theirown business also will be affected
Thus, they will be more saving and reduce some costs and focusing on the maincost of life Therefore, they focus on medical, food, and other products will not be
Trang 7the priority and that makes the buying demand of end customers decreasing andaffecting to the supply chain management of retailers post COVID 19.Furthermore, Because of decreasing of production and buying demand, it isdifficult to arrange the shipping vehicles to transport and logistics the productsfrom this country to another country or in internal countries
If there have the shipping, it will be high cost of transportation, and this couldmake the price of goods increasing For example, when Italy closed their coutriesand European, US, UK also closed their countries in April, 2020
There are many brand such as Honeywell, Siemens could not provide the products
to customers around the world because of closing the company and stoppingproduction Post covid 19, they need to recover their economy and the productswill be lacked Then, the shipment of products from that countries to othercountries all over the world could be difficult because the small shipment could bedifficult arrangement
In short, Until now there have no vaccine and medicine could rescue if people areinfected COVID 19 and with the strong speed of infection, there are many badresults caused by COVID 19, esspeacilly to the economy, retailers and the supplychain management of supply chain management It is hoped that the medicine orvaccine could be found soon to help the economy could rise up and return as theprevious stage
REFERENCES
1 Oxford Economics (2020), “COVID 19 and its effect”
2 Xuan Huong (2020), “How COVID 19 affect to the economy of developing countries”
Trang 8Covid-19 sẽ gây thiệt hại kinh tế như thế nào đối với các nước đang phát triển?, Vov.vn page
nuoc-dang-phat-trien-33254.html
http://mattran.org.vn/tin-tuc/covid19-se-gay-thiet-hai-kinh-te-nhu-the-nao-doi-voi-cac-Changes in post COVID 19 supply chain management in retailers
COVID 19 is affecting to all the aspect of the economy all over the world and indeveloping country such as Vietnam also has affect with medical and economyXuan Huong (2020) Retailers play an important role in every economynationwide According to Oxford Economics (2020), it is estimated that there will
be 74% of enterpries will be bankrupted if Covid 19 lasts to 6 months in that theretailers such as KFC, The Coffee House, The Gioi Di Dong and lots of otherretailers have suggested to the government could help them in three issuesincluding recognized codid 19 as force majeure in order to apply the term in manykinds of contracts including hiring office or space contract, labor contract,importing material contract, ect to reduce to loss from COVID 19 Moreover, theyask the government for support 1.8 million VND to labor that help the labor couldhave enough money to spend their basic life because of COVID 19
Furthermore, it is asked for reduce 50% cost of electric, water and some other costs
to support them could overcome COVID 19 and otherwise they could bebankrupted
These suggestion is considering by the government and if 70% enterprise will bebankrupt, it could affect to the bad effect to the economy and society becauseretailers provide many slot in job to people, it could serve many customers with theneccesary things, and it could submit the tax to the government budget in order tohelp to develop the country Post COVID 19, there are many changes in supply
Trang 9chain management of retailers with lack of products, decreasing the buyingdemand of end customers and difficult to transportation.
First of all, during time of facing to COVID 19, the production will be postponedand reduced the productivity Therefore, it lack the products to arrange to supply tothe market For example, many producs import from China, and 4 months before,China has faced the COVID 19 infection in Vu Han and some big cities, so allactivities of production will be stopped during at least 4 months so that the endproduction could not transported to The Gioi Di Dong or some other retailers.Secondly, because of COVID 19, many people will be losed their job, and theirown business also will be affected
Thus, they will be more saving and reduce some costs and focusing on the maincost of life Therefore, they focus on medical, food, and other products will not bethe priority and that makes the buying demand of end customers decreasing andaffecting to the supply chain management of retailers post COVID 19.Furthermore, Because of decreasing of production and buying demand, it isdifficult to arrange the shipping vehicles to transport and logistics the productsfrom this country to another country or in internal countries
If there have the shipping, it will be high cost of transportation, and this couldmake the price of goods increasing For example, when Italy closed their coutriesand European, US, UK also closed their countries in April, 2020
There are many brand such as Honeywell, Siemens could not provide the products
to customers around the world because of closing the company and stoppingproduction Post covid 19, they need to recover their economy and the productswill be lacked Then, the shipment of products from that countries to other
Trang 10countries all over the world could be difficult because the small shipment could bedifficult arrangement.
In short, Until now there have no vaccine and medicine could rescue if people areinfected COVID 19 and with the strong speed of infection, there are many badresults caused by COVID 19, esspeacilly to the economy, retailers and the supplychain management of supply chain management It is hoped that the medicine orvaccine could be found soon to help the economy could rise up and return as theprevious stage
REFERENCES
1 Oxford Economics (2020), “COVID 19 and its effect”
2 Xuan Huong (2020), “How COVID 19 affect to the economy of developing countries”
Covid-19 sẽ gây thiệt hại kinh tế như thế nào đối với các nước đang phát triển?, Vov.vn page
nuoc-dang-phat-trien-33254.html
http://mattran.org.vn/tin-tuc/covid19-se-gay-thiet-hai-kinh-te-nhu-the-nao-doi-voi-cac-Changes in post COVID 19 supply chain management in retailers
COVID 19 is affecting to all the aspect of the economy all over the world and indeveloping country such as Vietnam also has affect with medical and economyXuan Huong (2020) Retailers play an important role in every economynationwide According to Oxford Economics (2020), it is estimated that there will
be 74% of enterpries will be bankrupted if Covid 19 lasts to 6 months in that theretailers such as KFC, The Coffee House, The Gioi Di Dong and lots of otherretailers have suggested to the government could help them in three issuesincluding recognized codid 19 as force majeure in order to apply the term in many
Trang 11kinds of contracts including hiring office or space contract, labor contract,importing material contract, ect to reduce to loss from COVID 19 Moreover, theyask the government for support 1.8 million VND to labor that help the labor couldhave enough money to spend their basic life because of COVID 19
Furthermore, it is asked for reduce 50% cost of electric, water and some other costs
to support them could overcome COVID 19 and otherwise they could bebankrupted
These suggestion is considering by the government and if 70% enterprise will bebankrupt, it could affect to the bad effect to the economy and society becauseretailers provide many slot in job to people, it could serve many customers with theneccesary things, and it could submit the tax to the government budget in order tohelp to develop the country Post COVID 19, there are many changes in supplychain management of retailers with lack of products, decreasing the buyingdemand of end customers and difficult to transportation
First of all, during time of facing to COVID 19, the production will be postponedand reduced the productivity Therefore, it lack the products to arrange to supply tothe market For example, many producs import from China, and 4 months before,China has faced the COVID 19 infection in Vu Han and some big cities, so allactivities of production will be stopped during at least 4 months so that the endproduction could not transported to The Gioi Di Dong or some other retailers.Secondly, because of COVID 19, many people will be losed their job, and theirown business also will be affected
Thus, they will be more saving and reduce some costs and focusing on the maincost of life Therefore, they focus on medical, food, and other products will not bethe priority and that makes the buying demand of end customers decreasing and