Page 77 - FoodFocusThailand No.180 March 2021
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                  Opinion/Suggestion                                    in which people are preoccupied with the viral spread and overwhelming
                  There are opportunities to grow for many potential F&B products and   economic downturn. This phenomenon may eventually produce adverse
                  services, such as food delivery, instant meals, and healthy foods, as   effects on the natural birth rate as well as the demographic and workforce
                  well as home equipment, such as kitchen utensils, exercise equipment,   structures.
                  electrical appliances, and solar cells.
                                                                        Opinion/Suggestion
                     Permanent Work from Home (WFH) as a New            The principle of economies of scale is hardly applicable to single-person
                  2Norm The river has no return; this maxim reflects the reality that   households; nevertheless, the business sector needs to adapt its
                  the world is forever entering the digital economy, which helps facilitate   strategies to accommodate these customers who tend to buy less but
                  WFH processes that enable skilled individuals to do their jobs from   with more frequency. For instance, dining venues may offer set menus
                  remote provinces or countries around the world without the need to   with delivery service or set packages that include ingredients, condiments,
                  gather in one place. The pandemic has accelerated the expansion   and recipes for take-away customers. The manufacturing industry needs
                  rate of WFH since it is crucial for organizations to maintain supply   to break away from the past by adjusting production lines to satisfy the
                  chain dynamics. The tide of change is particularly strong in certain   consumption demand of single-person households rather than multi-
                  sectors such as content production, computer graphics, academy,   member families. For SMEs, family businesses may require delivery
                  education, call centers, and back office. It is highly probable that   service of more diverse products for inventory stocking and ingredient
                  several sectors as tutoring schools will permanently go online in the   or seasoning supplying (as one person cannot take charge of every single
                  post-COVID era. Google, along with many other giant corporations,   task). In addition, they may look for customized online-store applications
                  has announced that most employees can work from home in 2021,   to expand customer base. Applications that come with bundled services
                  and Twitter has asked its employees to permanently work from home   such as delivery, product database, and payment gateway are more
                  from now on. In Thailand, it is likely that people will spend more time   likely to be chosen by these family-based SMEs.
                  at home, and some will go WFH mode more frequently to minimize
                  crowding in both public areas and workplaces. Many organizations   Fear of Density as a New Standard Clients extremely
                  adopt overlapped working hours in combination with the WFH option  4dislike crowded spaces. Several shopping malls even open “express”
                  to reduce overcrowding in workspaces and on public transport.   payment stations where customers can scan their purchased items and
                     WFH has a wide range of benefits such as reduction of commute   swipe credit cards by themselves to reduce bottlenecks at payment lines.
                  time and traffic congestion, increased productivity at work as less time   Drive-thru services are also offered in businesses such as restaurants,
                  is wasted on the road, and tighter family bond. Physical presence at   seafood outlets, grocery stores, and pet grooming centers. To compensate
                  work can be limited to necessary occasions such as important   the loss of business, dine-in venues may need to diversify their lines by
                  meetings. WFH can also lower corporate expenses in these   offering, for example, food delivery service and grocery corners to clients
                  economically uncertain times as WFH employees do not have to pay   who want to avoid crowded spaces in supermarkets.
                  higher rentals just to live in the city and opt for staying in their
                  hometowns instead, thus reducing the corporate costs for additional   Opinion/Suggestion
                  perks, welfares, or benefits. The longer this pandemic lasts, the more   This is a golden opportunity for delivery business and bundled services
                  common WFH will become, especially in the sectors with higher   or products.
                  compensation and wages as the workforce can be physically assigned
                  to work in the areas with lower cost of living.         Localized Supply Chains  The more international supply
                                                                        5chains manufacturers have, the more damage they will suffer from
                  Opinion/Suggestion                                    the epidemic. This is evident in many European countries, USA, Japan,
                  This phenomenon will generate positive effects on restaurants,   and Taiwan where manufacturers have been moving their production
                  retailers, and other WFH-related businesses such as food delivery in   bases from China back to their respective or neighboring countries
                  suburbs and rural areas. The expansion is eminent as home-based   following the outbreak of “Wuhan” virus that caused disruptions in the
                  employees can work in their hometowns and avoid crowded cities.   logistics network.
                  Wealth and prosperity distribution to more remote areas and secondary
                  towns will also benefit the government. Moreover, WFH is also   Opinion/Suggestion
                  compatible with the enterprises that need to partner with overseas   Regional economic partnerships such as RCEP (the world’s biggest trade
                  countries within the regional supply chains, and this is especially true   agreement) will become the key to economic recovery. The connections
                  when it comes to overlapped working hours between partner countries.   between trade, investment, and online commerce with neighboring
                  WFH also boosts up the demand for home entertainment: Netflix, for   countries, especially those within the same trade agreements, are
                  example, has seen a giant leap in its subscription thanks to this   essential to circumscribe the adverse effects of the disrupted logistics
                  phenomenon. It is imperative that Thailand promote online-movie   chains.
                  industry following the steps taken by South Korea in order to create
                  and export cultural products.
                     Single-person Households as Main Clients The
                  3coronavirus flare-ups will likely lead to the rise of single-person
                  households in several countries, including Thailand. According to the
                  data from Thai Health Promotion Foundation, during 1996 – 2017 the
                  number of Thai household members was headed toward the lower
                  spectrum, thus reflecting the shrunken size of Thai families. Single-
                  person and two-person households have significantly spiked up, while
                  those with three or more members are headed toward the opposite
                  direction. This can be observed from the 2.3-fold increase in Thai
                  single-person households from 8.8% to 20.5%. Meanwhile, two-person
                  households went up by 1.7 time from 15.9% to 27.3%. Bigger families
                  with three or more members have seen a drop from 75.3% to 52.2%.
                  “Social  Distancing”  measures  will  either  slow  down  or  prevent
                  interactions between two persons and marriage during these times

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