A Production Supply Chain Rebuild: Saving the Crumbling US Economy
Why are US supply chains disrupted, prices rising, inventories falling and the US back-order index increasing? Global trade is up only 2.7% worldwide, according to the giant container shipping company Maersk. However, in the US there is a ‘log-jam,’ seen in unplanned empty shelves in retail stores, shortages of foodstuffs, medical supply shortages, labor shortages, back ordered car parts, and fields full of unfinished automobiles and trucks lacking their computer chips. The list goes on.