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Dan Grendel is helping you understand how to manage lead times in a world where everything is instant.

As the Coronavirus continues to impact individuals and businesses around the world, Global-Pak is remaining proactive in our approach to satisfying our customers’ needs. No one could have predicted the economic situation caused by the virus, but we began taking steps to reduce the effects as early as we could. When the concern of the virus’ spread began in early February, our team had a meeting to discuss bringing in extra stock inventory incase the impact of the Coronavirus became a widespread issue, which it did. The resulting uncertainty in the markets with the additional concern over the health and safety of employees, customers, and manufacturers caused many companies to shut down, but Global-Pak is an essential business due to the food and chemical industries we serve. Throughout the virus, we have remained fully functioning while making some adjustments to procedures to keep our employees safe and healthy.