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Supply Chain Disruption Expected to Continue From the raw materials to the final build, companies across the industrial landscape are seeing forms of disruption, creating a year of unprecedented uncertainty and concern for the future of their supply chains. At the very origins of the supply chain, there have been raw material shortages. Since the…
Despite recent efforts to curb the rising inflation rates seen in the U.S., little relief has been seen in the U.S. or in supply chains. These efforts included a third consecutive three-quarters percentage point interest rate hike from the Federal Reserve, even though Fed Chairman Jerome H Powell is quoted as saying “no one knows…
Labor has been a critical factor in supply chains since the beginning. At the height of the COVID-19 pandemic, stringent COVID protocols forced companies to scale back on shifts to promote social distancing, and the sudden stalling of the global economy forced many others to slash payroll altogether. When demand was low this was not…
To combat rising inflation which is at its highest peak in 40 years, the Federal Reserve has indicated that interest rate increases are inevitable. Indeed, according to Federal Reserve Chairman Jerome Powell has announced that short-term interest rates will rise in March for the first time in four years. “The Fed uses interest rates as…
In a new but not unexpected development for supply chains, the first case of the Omicron COVID-19 variant has been identified in California. According to Director of the National Institute of Allergy and Infectious Diseases Dr. Anthony Fauci, the individual in question had recently completed a trip to South Africa before the travel restrictions were…
One of the major focuses of the current U.S. administration in recent months has been the ongoing supply chain crisis. It’s a crisis that has many causes, and while there is no quick fix, action from both the government and the business community are universally recognized as being integral to the solution — even if…