Congestion and inflation appear to be easing and schedule reliability has improved, but market signals suggest more of a lull in the current supply chain chaos than an end in sight.
The difficult job of rebuilding communities pummeled by Hurricane Ian is expected to be made even worse by a problem that’s lingered since the early days of the pandemic: snarled supply chains.
Businesses need to rethink how they renegotiate contracts — on an as-needed basis rather than a time-based schedule — to optimize deals for both sides.
Mediterranean Shipping Co., the world’s largest shipping line by capacity, is bringing in four Boeing 777-200 freighters to anchor its new MSC Air Cargo operation.
Europe’s biggest carmaker, said that relocation of production capacity for some component makers is among options in the medium term if gas shortages last much beyond this winter.
Jim Cafone, a senior vice president of supply chain at Pfizer, says the rapid and successful rollout of the doses shows companies now will “need to really rethink how you configure your supply chain.”
Most of the recent talk surrounding high-tech manufacturing supply chains has been about the severe shortage of microprocessors. But equally important is the supply of printed circuit boards.
The company said inflation is pushing supplier costs $1 billion higher than expected in the current quarter, joining the chorus of major corporations warning about challenges rippling through the economy.
