Yahoo News reports that supply chain issues are impacting all sized businesses and it will certainly disrupt the holiday shopping season. We recommend you start your holiday shopping now to make sure your gifts get here in time, otherwise your Christmas tree might look empty this year.
According to Adam Compain, senior vice president at project44, a supply chain technology provider, there are three main factors driving the supply chain disruption.
“First and foremost is customer expectations have risen only in one direction — and that’s up,” explained Compain. “Second to that is a capacity constraint. There are limitations to the supply chain network in terms of the quantity of drivers that are available to ship things within the United States and abroad.” Third, the process of turning raw materials into a finished good and bringing it to a consumer’s home across the globe relies on “a whole bunch of interdependencies,” and “logistics has reached a point that the existing software data and tools to make that job a reality are really strained.”
In other words, We are in for a rough ride for the foreseeable future. Hopefully this will further drive manufacturing back to the USA.
Read the article HERE