Coronavirus Could Seriously Disrupt the Global Supply Chain

In this report, I look at how the outbreak of coronavirus could affect the global supply chain for companies not only in China but all around the world. I will look at the Just In Time (JIT) Inventory system and what a supply chain disruption could mean for businesses all around the world. One of the side effects of a disruption of the global supply chains and JIT could be a shortage of goods, closing down of productions as important components and parts disappear. A supply shortage could, of course, lead to higher prices and could also drive smaller companies into financial trouble as their revenues dwindle.
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