Supply chain slowdowns often have multiple causes, which further complicates recovery. Supply chain problems happen all the time, and they can destroy your business even if they don’t make the news. Before the rise of the hyper-connected global supply chain, the impacts of disruptions tended to be more localized, says Rice. The great supply slowdown of the early 2020s has generated renewed interest in the topic of supply chain resilience — the practice of building a supply chain that can resist disruptions. “Even pre-Covid, there was a dearth of people to fill all the roles in the supply chain,” says Rice.
Feb 20 2023