Even those companies in China whose factories are operating under so-called closed-loop systems may be forced to stop work due to parts shortages or logistical challenges that make moving people and goods around the country near impossible.
Angela Robine, director of strategy-supply chain with VF Corp., talks about the challenge of taking the long view at a time when so many companies are struggling merely to survive.
At a time when supply chain experts are preaching the benefits of diversified sourcing, an alarmingly small number of manufacturers seem to be practicing it.
Grocery stores in some parts of the U.S. are expected to run out of certain perishable goods Easter weekend because of a Mexican truckers’ blockade that has stranded millions of dollars worth of fresh produce.
China’s lockdowns to contain the country’s worst Covid outbreak since early 2020 have battered the economy, stalling production in major cities like Shanghai and adding pressure to global inflation.
Europe’s push to wean itself off Russian natural gas is sparking billions of dollars in new commitments toward building a market for low-carbon hydrogen.
A Mexican truck blockade at a key Texas bridge is diverting U.S.-bound cargoes to far-flung crossings, worsening shipping snarls and raising the specter of delivery disruptions for everything from avocados to auto parts.
Logistics experts are busy considering ways in which their supply chains can be redesigned so as to avoid the kind of congestion that has brought international goods movement to a virtual halt at major ports. But in the meantime, the system is crying out for some form of immediate relief.