The company experienced challenges throughout the COVID-19 (coronavirus) pandemic
During the COVID-19 (coronavirus) pandemic, the company suffered some challenges. Specifically, the company experienced some disruptions in its supply chains and changes in consumer demand, which led to difficulties with fulfilling customer orders. To help deal with this uncertainty, the company has invested in its global expansion and increasing its inventory. These have, in turn, has enabled the company to minimize disruptions through its flexibility to build products across numerous manufacturing sites. Overall, the company has taken various measures in an effort to remain profitable during times of economic uncertainty.
COVID|CompetitionIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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