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They’re not willing to spend on luxury items like mobiles, entertainment units, etc. And the customers are avoiding the risk of exposure. On the supply chain side, companies are actually using simulation-based demand and inventory planning methods to manage supply chain risk, and take dynamic demand patterns into consideration.
Moni: So, despite the varying degrees of lockdowns across different countries, largely industries such as aviation, entertainment, hospitality, non-essential retail, and a lot of manufacturing are simply not doing much business because people are at home. How do specific industries react to it, according to you, and your experience?
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