Stuff on Shelves

Column Published in syndication June 21, 2023

Prior to the COVID-19 pandemic, the relatively smooth functioning of the supply chain was something most people rarely thought of and took for granted. In fact, few could even tell you what the phrase meant. The global health crisis, which shut down large segments of the economy for an extended period, severely disrupted the vast array of resources, firms, workers, technology, and transportation that forms the complex web of activity essential to the creation and distribution of products. The Russian invasion of Ukraine and various other events (including a fire in a massive South Korean chip plant) only made things worse.

• Tags:
• supply chain,
• economy,
• shortages