Question

A). How do consumers' purchasing processes and behavior change in the global epidemic environment? Explain with examples.
B). Why is the logistics industry of great importance in the global epidemic environment? Please explain.

Answer 1

A. There will be lot of changes in the consumer buying behavior and purchase decisions.

1. Proactive health-minded buying: Increased interest in the acquisition of products that maintain well-being or health

2. Reactive health management: Prioritization of products for infection containment (e.g. face masks)

3. Pantry preparation: Higher purchases of shelf-safe products and increased store visits. So that they can keep foods safe.

4. Quarantined living preparation: Increased online shopping, decreased store visits and first signs of strain on the supply chain

5. Restricted living: Possible price gouging due to limited supplies and deterred online fulfillment

6. Living a new normal: Increased health awareness even as people return to their typical daily activities

B.

The magnitude of humanitarian emergencies over the last decade has challenged the normal mode of disaster response round the world. When an emergency is caused by a weather-related event, most likely supply chains are broken, putting those in need in the most vulnerable position. With climate-related humanitarian crises on the increase and therefore the warnings of irreversible climate-change effects on the planet , solutions at scale involving public-private partnerships are vital.

Approximately 73% of humanitarian response spending is said to provide chain, and with the worth for climate-related humanitarian response estimated to succeed in $20 billion annually by 2030, public-private partnerships such as the Logistics Emergency Teams (LET) become critical within the face of humanitarian disaster relief and preparedness.

The LET companies don't take their participation during this public-private partnership lightly. After all, most of the LET companies operate within the regions and countries where these disasters occur, and by working together, we will bring resources to form a true difference. One public or private entity cannot do that alone; it's only with the combined efforts of strategic public-private partnerships just like the LET that we will address the growing number of humanitarian emergencies around the world.

The LET welcomes new members who are committed to the present mission and who have the will to foster public-private partnership that enhance humanitarian emergencies’ preparedness, response and recovery during a time of need.

Your ratings help me!