June 14, 2021

Market and Financial News

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Enterprise DeFi finances personal protective equipment By Cointelegraph

2 min read

Supply chains reimagined: Enterprise DeFi finances personal protective equipment

Supply chain management has historically been challenging due to issues, such as increased costs, consumer demands, financial risk, volatility and much more. Unfortunately, the COVID-19 pandemic has created even bigger issues for supply chains globally.

A recent survey conducted by Big Four firm Ernst & Young in late 2020 puts this in perspective, noting that 97% of automotive and industrial product companies found the pandemic to have negative effects on their businesses. The EY study further found that 64% of surveyors believed that the digital transformation of global supply chains will accelerate due to the pandemic.

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2021-05-16 11:00:19

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