Understanding the sector impact of COVID-19 on Nigeria Consumer Products has been saved
Understanding the sector impact of COVID-19 on Nigeria Consumer Products
Consumer Product companies are facing significantly reduced consumption as well as disrupted supply chains. At-home consumption has increased, but out-of-home consumption, which historically generates the highest margin, has nearly come to a standstill. There may be long-term changes in customer behaviour and demand.
Topics covered in this article:
- Potential long-term impact on Consumer Product Food companies, including sourcing strategies, distribution networks, and commodity pricing.
- Key questions leaders should ask, including about alternative channels, and ongoing relationships with key suppliers and customers.
- Practical next steps, including contingency plans for supply chain disruptions, and supporting business continuity.