Supply Chains Brace for Omicron Variant Effects

By Logan Wamsley

The latest variant of the COVID-19 virus, dubbed the Omicron variant, has now gripped the globe, and governments around the world have been quick to respond. Although details regarding the severity of the variant are currently uncertain — although the scientists in South Africa who first discovered the variant say observed symptoms so far have…

New EIU Report Shows Scale of COVID-19 Impact on Supply Chains

By Logan Wamsley

In a new survey from Economist Intelligence Unit (EIU) with sponsorship from Citi, clarity has been given regarding which industries were hardest hit by the various supply chain disruptions in 2021 — most of which were directly related to the COVID-19 pandemic, CNBC reports. While some of the results were expected, the sheer scale of…

Key Inflation Indicator Hits Highest Point in 30 Years, Says Federal Reserve

By Logan Wamsley

Today’s supply chain disruptions are not only affecting manufacturing industries, but also everyday consumers trying to purchase anything from chicken to golf clubs. Global climate trends, natural disasters, geopolitical tensions, shipping freight delays, and other such issues are combining with the ongoing COVID-19 pandemic to create a perfect storm of challenges that makes 2021 one…

Hurricane Ida Disrupts Already Fragile 2021 Supply Chain

By Logan Wamsley

In a typical year, despite all of the tragedy a natural disaster such as a fire, flood, or hurricane can bring, there usually aren’t very many implications for the world at large. These often horrific events may be devastating for the population in that region, but a country on the other side of world typically…

The Supply Chain Shortage Is Having Very Real Effects

By Logan Wamsley

When Elon Musk speaks, he usually draws attention. This time is no different. When asked about the reason for recent price increases in Teslas, his response gave an acute look into the state of the electronic component supply chain shortage and the consequences it might have for manufacturers and consumers. According to a May 31st…