Real-Time Tracking Systems Key to Ease Supply Chain Disruptions

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By Adhish Luitel | 4Q 2021 | IN-6339

 

Backlogs and Bottlenecks

NEWS


Supply chain disruptions have become a major challenge for the global economy since the start of the COVID-19 pandemic. Shutdowns of manufacturing facilities in China, lockdowns in several countries across the world, labor shortages, robust demand for goods due to an e-commerce boom, disruptions to logistics networks, and capacity constraints have resulted in big increases in freight costs and delivery times. Global supply chains are clogged up amid booming consumer demand. These trends are expected to remain unchanged through the holidays of 2021. Smaller companies have reported up to nine-month fulfillment delays on orders from China, while larger ones are struggling to keep inventories filled in North America and Europe.

Resilient E-Commerce Boom Causing Complications

IMPACT


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