{"id":7861,"date":"2020-10-21T09:00:23","date_gmt":"2020-10-21T01:00:23","guid":{"rendered":"https:\/\/furleybio.com\/blog\/?p=7861"},"modified":"2021-11-07T04:18:04","modified_gmt":"2021-11-06T20:18:04","slug":"covid-19-the-last-quarter-2020","status":"publish","type":"post","link":"https:\/\/furleybio.com\/blog\/covid-19-the-last-quarter-2020\/","title":{"rendered":"Covid-19 The last Quarter 2020"},"content":{"rendered":"\n<p>Covid19 What is next? Post\/After.<\/p>\n\n\n\n<p>A message from the Managing Director of <a href=\"\/blog?p=7801\">Furley <\/a><a href=\"http:\/\/furleybio.com\">Bioextracts <\/a>Kelvin Soo. <\/p>\n\n\n\n<p>Greetings everyone firstly would like to thank everyone who has followed us and supported us by purchasing our products or engaging us as their preferred manufacturer. This year has been a roller coaster of emotions and business.  <br>There have been multiple conversations between friends and customers about what we should do and what the industry is feeling. In general political uncertainty further bolsters a poor preforming economy with low confidence in general, globally businesses are changing and these changes could be permanent. <\/p>\n\n\n\n<p>So here is the post on the my perspective on a current October 2020 to Post Covid19 strategy. <\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69da79243b1bc\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69da79243b1bc\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/furleybio.com\/blog\/covid-19-the-last-quarter-2020\/#Current_October_2020\" >Current October 2020<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/furleybio.com\/blog\/covid-19-the-last-quarter-2020\/#Moving_Forward_to_the_last_Quarter_Q4_2020_and_Beyond_Covid19\" >Moving Forward to the last Quarter Q4 2020 and Beyond Covid19<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/furleybio.com\/blog\/covid-19-the-last-quarter-2020\/#Observations\" >Observations<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/furleybio.com\/blog\/covid-19-the-last-quarter-2020\/#Support_Malaysian_Buy_Malaysian\" >Support Malaysian Buy Malaysian.<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Current_October_2020\"><\/span>Current October 2020<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There is a dramatic reduction in the requirements of sanitizer and disinfection household products. <a href=\"https:\/\/www.mckinsey.com\/business-functions\/risk\/our-insights\/covid-19-implications-for-business\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">McKinsey Consumer Market Insight Week 26 2020<\/a> for Malaysia further bolsters this observation with &#8220;pantry&#8221; loading around March &amp; April. <\/p>\n\n\n\n<p>Slight resurgence in sales was observed during the conditional CMCO, this was seen with reduction in orders of that category. <\/p>\n\n\n\n<p>Overall due to increased awareness of hygiene personal care products such as hand-wash and body-wash increased by about 25% <\/p>\n\n\n\n<p>During this last period, there has been an increased enquiry for relaxation &amp; sleep-related products.<\/p>\n\n\n\n<p>Recurrence of orders from Vietnam for <a href=\"http:\/\/spray8.com\" target=\"_blank\" rel=\"noreferrer noopener\">Spray8 Wound Care<\/a> was a pleasant surprise as well for our healthcare products. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Moving_Forward_to_the_last_Quarter_Q4_2020_and_Beyond_Covid19\"><\/span>Moving Forward to the last Quarter Q4 2020 and Beyond Covid19<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Create more partnerships with different verticals of industry (diverse), thereby allowing us to be resilient through any scenario given. <br>Cosmetic, Household, Disinfectants, Food, Supplements, Traditional, Medical Device Class A. <\/p>\n\n\n\n<p>Personally, we have decided to focus on our social media, bolstering SEO traffic. Since Covid19 it would be a safe assumption that online search and purchasing will increase due to familiarity.  When we go through the analytics it appears Malay speaking customer is more receptive to digital business dealings. <\/p>\n\n\n\n<p>We have set up a digitization plan to automate the experience of interactions with FBIO. From the entry point as a lead to a project, quotation and invoice.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Observations\"><\/span>Observations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>I believe the consumption of information would be well served digitally with our existing range of themes and formulations becoming digitized alongside with available packaging we have sourced from abroad. Moving Forward to the last Quarter Q4 2020 and Beyond Covid19<\/p>\n\n\n\n<p>Another key observation is the new modified roles of staff whom have seen increased workload due to digitization and multidiscipline requirements. There would need to be a balance struck between work and home, as the lines are as blur as ever; possibly leading to employee exhaustion and dissatisfaction. I personally believe this employee relationship will stay post Covid19. <\/p>\n\n\n\n<p>Final words for us to pull through is to adjust our perspective on consumption to support Malaysian made products as our key preference . <\/p>\n\n\n\n<p>Questioning our purchasing decisions with &#8220;Is this made in Malaysia?&#8221; how we can try to keep our money in our own economy as long as possible. <\/p>\n\n\n\n<h1 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Support_Malaysian_Buy_Malaysian\"><\/span>Support Malaysian Buy Malaysian.<span class=\"ez-toc-section-end\"><\/span><\/h1>\n","protected":false},"excerpt":{"rendered":"<p>Covid19 What is next? Post\/After. A message from the Managing Director of Furley Bioextracts Kelvin Soo. Greetings everyone firstly would like to thank everyone who&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"The coming Quarter 2020 Covid-19 a small perspective from a manufacturer and healthcare brand owner. ","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1,3489,666,3490,947],"tags":[4062,4063,4060,4065,4061,4066,4064],"class_list":["post-7861","post","type-post","status-publish","format-standard","hentry","category-news","category-epidemic-covid19","category-education","category-the-future","category-thoughts","tag-after-mco","tag-business","tag-covid19","tag-growth","tag-post-covid","tag-strategy","tag-tangent"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p5e8Qo-22N","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":8148,"url":"https:\/\/furleybio.com\/blog\/covid-19-strategy-for-operating-business-in-a-world-alongside-covid-part-b-sops\/","url_meta":{"origin":7861,"position":0},"title":"Strats for: Operating Business in a World alongside COVID. Part B &#8211; SOPs","author":"Furley Bioextracts","date":"August 3,","format":false,"excerpt":"This post is written at the APEX of COVID-19 outbreak in Malaysia with over 15K+ cases daily, it is worth mentioning this as the opportunities and opinions would definitely be skewed. In order to construct anything meaningful, we must look at what instructions have been given to us to operate\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/furleybio.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/08\/embracing-new-normal-covid-FBIO.jpg?fit=851%2C1200&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/08\/embracing-new-normal-covid-FBIO.jpg?fit=851%2C1200&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/08\/embracing-new-normal-covid-FBIO.jpg?fit=851%2C1200&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/08\/embracing-new-normal-covid-FBIO.jpg?fit=851%2C1200&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":8111,"url":"https:\/\/furleybio.com\/blog\/operating-business-in-a-world-alongside-covid-part-a-digitization\/","url_meta":{"origin":7861,"position":1},"title":"Operating Business in a World alongside COVID. Part A &#8211; Digitization","author":"Furley Bioextracts","date":"July 4,","format":false,"excerpt":"It has been over 1.5 years since the first outbreak of Covid. I am writing from the perspectives of a manufacturer based in Malaysia. We were fortunate we had established our foothold in household and sanitizer at the beginning of 2019. Fast forward to July 2021 the economic situation is\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/furleybio.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/07\/business-covid.jpg?fit=1200%2C720&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/07\/business-covid.jpg?fit=1200%2C720&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/07\/business-covid.jpg?fit=1200%2C720&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/07\/business-covid.jpg?fit=1200%2C720&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2021\/07\/business-covid.jpg?fit=1200%2C720&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":8193,"url":"https:\/\/furleybio.com\/blog\/cosmetic-trends-malaysia-mal-july-2021\/","url_meta":{"origin":7861,"position":2},"title":"Cosmetic 45% Downward Trends. Supplement &#038; Traditional Registrations July 2021","author":"Furley Bioextracts","date":"September 2,","format":false,"excerpt":"Cosmetic - Overall 45% Reduction in Registrations The trends for cosmetic, supplement & traditional categories, there was a reduction in registrations for July Cosmetics Top 5 Keywords 1. Cream2. Hand3. Gel4. Wash5. Serum These keywords interchange with themselves for place frequently throughout the months, with exception of gels which were\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/furleybio.com\/blog\/category\/news\/"},"img":{"alt_text":"Furleybio","src":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2019\/07\/Furley-Logo-600px.png?fit=601%2C315&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2019\/07\/Furley-Logo-600px.png?fit=601%2C315&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2019\/07\/Furley-Logo-600px.png?fit=601%2C315&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":7986,"url":"https:\/\/furleybio.com\/blog\/mrna-covid-19-vaccine-deciding-and-knowledge\/","url_meta":{"origin":7861,"position":3},"title":"mRNA Vaccine (Covid 19) &#8211; Deciding and Knowledge","author":"Furley Bioextracts","date":"December 4,","format":false,"excerpt":"Information adapted from Nature Reviews \"mRNA Vaccines - a new era of vaccinology\" Why I wrote this post? and How to get more accurate information? I posted this article as there was a bit too much fake news being circulated in my community and chatgroups. Be vigilant be well informed\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/furleybio.com\/blog\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8280,"url":"https:\/\/furleybio.com\/blog\/market-trends-till-1st-september-cosmetic-traditional-and-supplement-mal\/","url_meta":{"origin":7861,"position":4},"title":"Market Trends till 1st September Cosmetic, Traditional and Supplement MAL.","author":"Furley Bioextracts","date":"September 29,","format":false,"excerpt":"Cosmetic Trends 1st September 2021 Top 5 Commonly registered Cosmetics manufactured in Malaysia. We had to increase our data set pool from last month due to the accidental omission of data. MayJuneJulyCreamCreamHandBeautyHandCreamOilGelWashFaceWashBodyShampooSerumSerumCosmetic Market Trends Keywords for 2021 till September. There is an increase of 11% in Cosmetics made in Malaysia\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/furleybio.com\/blog\/category\/news\/"},"img":{"alt_text":"Furleybio","src":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2019\/07\/Furley-Logo-600px.png?fit=601%2C315&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2019\/07\/Furley-Logo-600px.png?fit=601%2C315&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2019\/07\/Furley-Logo-600px.png?fit=601%2C315&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":28011,"url":"https:\/\/furleybio.com\/blog\/global-overview-2022-trends-shaping-consumer-health-market\/","url_meta":{"origin":7861,"position":5},"title":"Global Overview 2022, Trends Shaping Consumer Health Market","author":"Furley Bioextracts","date":"November 4,","format":false,"excerpt":"Introduction to the Global Consumer Health Market The global consumer health market is projected to grow at a CAGR of 7.2% from 2018 to 2022, and is expected to reach $1.6 trillion by 2022. The global consumer health market is projected to grow at a CAGR of 7.2% from 2018-2022,\u2026","rel":"","context":"In &quot;Market Trend&quot;","block_context":{"text":"Market Trend","link":"https:\/\/furleybio.com\/blog\/category\/market-trend\/"},"img":{"alt_text":"global consumer market trend","src":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2022\/11\/global-consumer-market.jpg?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2022\/11\/global-consumer-market.jpg?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2022\/11\/global-consumer-market.jpg?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2022\/11\/global-consumer-market.jpg?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/d155kity4o7fyf.cloudfront.net\/2022\/11\/global-consumer-market.jpg?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_likes_enabled":true,"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/posts\/7861","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/comments?post=7861"}],"version-history":[{"count":0,"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/posts\/7861\/revisions"}],"wp:attachment":[{"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/media?parent=7861"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/categories?post=7861"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/furleybio.com\/blog\/wp-json\/wp\/v2\/tags?post=7861"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}