COVID-19 PIVOT (COVOT)
Many manufacturing businesses have suffered due to a combination of low orders and the lack of an available workforce. For those with a reliance on automation, the effect will be lessened slightly. In either case, many also rely on imported materials — which can be hard to come by.
- Companies may consider pivoting to manufacture goods that are currently in high demand. This could come in the form of equipment for health care services, sanitation, waste or transport