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About 2021-2022 Global Supply Chain Crisis: Causes Shipping Effects See Also References Further Reading
The global supply chain crisis began in 2021 as a result of the COVID-19 pandemic slowing production. Worker shortages due to illness and restrictions affected staffing levels. This slowed shipping and caused port congestion as cargo ships waited to unload. The related chip shortage also impacted automotive and electronics manufacturing. The crisis was exacerbated during the 2021 holiday season by increased spending and the emergence of the Omicron variant. Experts believe supply chain issues will continue into 2022.
Detailed Information
| Author: | ['scribdreaderplus'] |
|---|---|
| Publication Year: | 2022 |
| Pages: | 4 |
| Language: | English |
| Format: | |
| Price: | FREE |
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