Over the last 18 months, companies have seen multiple waves of challenges impact their supply chains. In the latest wave, those challenges are less as a result of COVID-19 directly as they are indirect consequences of the pandemic’s wide ranging ripple effects. Today, hyperinflation and labor shortages are crippling supply lines around the world:
- 14x increase in spot prices to ship goods from Asia to the US since the start of the pandemic
- 90% of leaders say that labor shortages are limiting economic growth
- 2+ years for labor markets to normalize according to government agencies
In this guide, we review how the pandemic has impacted global supply chains, and we give a playbook for setting up a digital war room to address the latest challenges.