The COVID-19 epidemic challenges
businesses to think differently. As a result of the closure,
businesses have been instrumental in creating changes in
consumer behavior and preferences. Customers are now
increasingly aware of what they are buying, where, and
how. As demand increases for key products, companies
around the world are scrambling to rescue their supply
chains to secure faster operations. At the same time,
there is an increased need to wait for the release of
important and common usage categories that do not
qualify for a ‘significant’ mark. The epidemic has
brought many challenges to businesses and made future
competitors think of different operating and marketing
strategies. This research paper will focus on these unique
procurement strategies and asset management strategies
that will make the business boom post COVID-19.
