Question

Choose an organization of your choice and how it was/is impacted by the virus. Please provide a good amount of information.

Answer 1

The organisation selected is Amazon

Since the start of the coronavirus (COVID-19) outbreak in China earlier this year, Amazon sellers anticipated a potentially catastrophic impact on their business due to a major disruption in the supply chain. After all, nearly 70 per cent of Amazon sellers are importing their products from China, and many Chinese employees have been living in quarantine, unable to import or send goods to their clients abroad.
After the coronavirus pandemic, Amazon FBA vendors are no longer able to build new shipments for goods that are non necessary. Many that do sell actively can or may not be competitive depending on the types of goods they offer, and how they can sustain a supply.

Many vendors have already lost sales 36 percent said their sales have dropped since the coronavirus outbreak, well before new FBA shipments were cut off by Amazon. Nearly half (48 per cent) are worried with those who haven't lost revenue in the future. Still, 13 percent say they're not concerned about coronavirus impacting their company with Amazon. And a select few could see their sales increase depending on the products they sell, as 8 percent already have.

The outbreak of coronavirus has caused several retailers to shut down store operations and drive customers to their websites. As a result, more buyers turn to Amazon for valuable and non-essential products. According to traffic data source SimilarWeb Inc., between March 14 and March 17 daily visitors jumped 5.18 million to 73.55 million tourists. Compared to the same time frame in 2019, traffic from March 14 through March 17 stayed steady at around 68 million.

The company, which has a New Jersey factory, split its factory / shipping team into two shifts to spread people out, as the government has advised to halt the spread of coronavirus. There was, however, concern from the state government of New Jersey regarding complete business shutdowns — which would shut down Jam Paper's fulfillment center operations — so the company needed a new strategy: send as much to Amazon as soon as possible