Why There are Now So Many Shortages?

Business Punk

A shortage of shipping containers is worsening a shortage of shipping capacity, which is worsened by a shortage of port capacity, which is worsening the shortage of shipping containers, which itself is worsened by a shortage of truck drivers, all of which is causing a shortage of retail products and raw materials. This is a vicious cycle that is worsening as economies reopen. Why did this happened to begin with? The “just in Time” manufacturing concept is the one that was just not compatible with pandemic economies been halted and then re-started. Or to be more accurate to push inventory so low that is risky, and you end up losing resilience on your supply chain.

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