PA Consulting’s US manufacturing lead Shanton Wilcox explains how the tangled supply chain will impact holiday shopping this season.
The article notes that a perfect storm of events around the globe is leading to snarled shipping lanes on the high seas — and could mean coal in the stocking this Christmas.
Pandemic lockdowns, followed by a burst of demand once things have opened up — along with labor shortages and extreme weather events — have all combined to wallop the global supply lines of everything from food and fashion to drinks and diapers.
Toughest goods to get
Shanton says: Anything that has a computer chip, including cars, electronics like video game consoles and appliances will continue to be difficult to purchase in the US. There will also be out-of-stock issues with apparel due to plant shutdowns and logjams at ports, which is stranding a lot of goods on idling cargo ships.
He adds: "These items won’t be discounted as much if at all on Black Friday and during the holiday season.”
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