The official line coming out of Covid-hit Shanghai is that business is returning to usual despite the ongoing lockdown, yet hundreds of manufacturers in the city aren’t operating at anywhere near to full capacity, if they’re up and running again at all.
A lack of data sharing is one of today's most glaring issues in supply chain management. But just as important is that every stakeholder is on the same page — working with the same kind of data at the right time.
China’s stringent Covid Zero strategy has damaged foreign businesses’ confidence, with U.S. firms in the country slashing investments and lowering revenue projections as lockdowns hit operations and supply chains.
The slew of protests earlier this year by U.S. and Canadian truckers against COVID-19 protection measures caused some annoying traffic jams in a handful of cities. But whether they signal a serious, long-term threat to an already-challenged supply chain is questionable.
Leaders of the Group of Seven most industrialized countries pledged to ban the import of Russian oil in response to President Vladimir Putin’s war in Ukraine.