According to a recent Reuters article, the global economy remains at risk of a recession. Record high levels of inflation have consumers reducing or delaying their purchases or buying cheaper alternatives to goods they regularly purchase—a trend unlikely to let...
For companies sourcing products and materials from Asia, the last two years have been some of the most challenging in recent memory. Shortages, backlogs, inflation and COVID lockdowns have made it extremely difficult for companies to deliver products on time and on...
With Black Friday and Cyber Monday behind us, the United States is well into the second holiday shopping season under a significant supply chain crisis. While the situation has improved in recent weeks, the emerging Omicron variant of COVID-19 has led to new concerns...
Companies and industries across the globe have been impacted by a variety of supply chain challenges in the past 18 months with extreme disruption in supply and demand for thousands of products. Customers have felt the impact of this disruption through empty store...