The global supply chain is blocked, and the US shopping season may experience a downturn!

The global supply chain is blocked, and the US shopping season may experience a downturn!

It is learned that according to foreign media reports, American experts recently predicted that there will be widespread supply chain shortages during this year's peak shopping season, which will make it difficult for retailers to meet consumers' shopping needs and further increase the prices of goods.


Steven Melnyk, a professor of supply chain and operations management at Michigan State University, said that this Christmas, the price of goods will rise and there will be no "blowout" sales. In addition, although major retail companies such as Walmart and Target are vigorously expanding their shipping capacity, these are far from alleviating the shortage of overseas manufacturing and the US labor force.


According to the survey, many commodities are currently affected by order delays and supply shortages, including back-to-school supplies, bicycles, pet food, paint, furniture, cars, technology gadgets, children's toys, household appliances, wood, any products that rely on semiconductor chips, and even coveted fast food staples such as chicken wings, ketchup packets, McDonald's milkshakes (in the UK, for now), etc.


It is reported that since the outbreak of the epidemic, goods have been delayed, raw materials are in short supply, and companies have apologized to customers. Given the uncertainty of whether orders can be delivered on time, many consumers have begun to turn to physical stores for shopping. In addition, in order to buy the products they like, shoppers will pay more attention to whether the goods are in stock, and will not care too much about their selling price.


It is understood that the supply chain obstruction will worsen during the peak shopping season, and related retailers need to flexibly adjust inventory management to ensure the normal circulation of goods. According to economic experts, the global supply chain may continue to be obstructed until 2022 or 2023.


Editor ✎ Nicole/

Disclaimer: This article is copyrighted and may not be reproduced without permission.


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