Question

The impact and the effect of Covid-19 pandemic disease are really drastic where events need to be cancelled and some businesses have to stop their operation and production activities. In the situation whereby you are operating a coffee shop selling food and beverage, decide on the actions to be taken with your inventory when the government first announced the Movement Control Order (MCO)

Answer 1

We can decide on the following actions to be taken with our inventory when the government first announced the Movement Control Order-

1. To contact our suppliers- In some areas where grocery is being sold in a limited manner, inventory can be supplied to our suppliers to resale it again to grocery stores during the COVID-19 pandemic.

2. To contact NGOs, Charitable institutions, etc.- We can sell inventory in bulk to customers through social media to NGOs, Charitable institutions, etc. who are providing food to needy people during this crisis. They have an exemption in the arrangement of food material and supply.

3. Give to our employees- Many employees are losing their livelihood. Sharing inventory minimizes food waste while giving back to the people who have worked so hard for our business.

4. Donate- Sharing inventory with food shelters can provide tax relief while giving back during this time. We can find our local food bank, Feeding center to donate. Also, we have to consider donating to health workers, hospitals, and nursing homes. Our generosity can have a huge impact on those helping to contain this crisis.

Thanks & all the best