My former employer reports. Would seem now that the prediction of epidemics and their influence needs to be added to supply chain demand.
Some in-store demand has shifted to the Internet, but delivery capability is limited, P&G says.
P&G warns coronavirus is disrupting China business in FoxBusiness
The country is P&G's second-largest market
Procter & Gamble warned the coronavirus outbreak is curbing in-store sales and limiting the ability of its digital operations to meet demand.
Shares of the Cincinnati-based consumer goods maker were little changed following the update.
“China is our second-largest market -- sales and profit. Store traffic is down considerably, with many stores closed or operating with reduced hours,” Jon Moeller, chief financial officer, said in a U.S. Securities and Exchange Commission filing on Thursday. “Some of the demand has shifted online, but supply of delivery operators and labor is limited.” ... '
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