Today we are experiencing a global supply crisis with the delivering of products taking 2-3 times longer than they did one year ago. Products that had a 6-10 week historical delivery pattern are now taking 20-24 weeks to be delivered.<\/p>\n\n\n\n
The primary cause often cited for the global crisis is the current Covid-19 pandemic. There is no doubt that the Covid-19 pandemic may have instigated the issue, but I believe the problems may have always been there but hidden just below the surface. As an FYI, for the most part, experts believe that the current crisis will possibly prevail through mid 2023.<\/p>\n\n\n\n
Action Required:<\/p>\n\n\n\n
Please review the video links provided below as the starting point<\/u> to researching what you think caused the current crisis and what do you suggest that we do about it, both short and long term, to minimize the impact to the end customer or possibly eliminate the problem re-surfacing in the future.<\/em><\/p>\n\n\n\n Leads\/ideas that may help in your research\u2026..<\/p>\n\n\n\n \u00b7 Raw material shortages particularly steel<\/p>\n\n\n\n \u00b7 Supplier capacity\u2026.if they had available capacity before the pandemic by the problem now?<\/p>\n\n\n\n \u00b7 Manpower shortages<\/p>\n\n\n\n \u00b7 Shipping Congestion<\/p>\n\n\n\n \u00b7 North American trucking situation<\/p>\n\n\n\n \u00b7 Lack of ocean-going cargo vessels and shipping containers for the far east<\/p>\n\n\n\n \u00b7 Look at the problem from a QCDDv view point.<\/p>\n\n\n\n Logistics play a large part of the transportation of products whether made in North America or offshore, therefore anything that we can do to minimize the impact of transportation is especially important to a company\u2019s bottom line \u2013 their profit!<\/p>\n\n\n\n Below are links to two video\u2019s that:<\/p>\n\n\n\n (1) shows the situation at the Los Angeles Port of product arriving from overseas, and the challenges that they face in receiving and moving product on to its final destination<\/p>\n\n\n\n