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Shortages of computer chips and other parts continued to hobble the U.S. auto industry last year, contributing to vehicle sales dropping 8% from 2021 to their lowest level in more than a decade.
Morrison said that since GM dealt with disruptions during the pandemic, the automaker has taken a deeper look into its supply chains to better track parts and potential issues.
When the COVID-19 pandemic began to shut down manufacturing facilities, it set off a chain reaction of disruption to the many companies which adopted lean principles in their production pipeline. Later, as demand skyrocketed for consumer goods and medical supplies like personal protective equipment (PPE), these same facilities were unable to ...
After a series of COVID-19 pandemic disruptions, ongoing geopolitical conflicts, and now a historic year in which more than 60 countries are holding elections, supply chain managers face a growing ...
Feeding America stated that the estimated number of food-insecure kids could jump from 11 million to an estimated 18 million. Additionally, many children in the U.S. rely on free meals for sustenance. While food banks and pantries amped up services, the temporary disruption in these services could have devastating long-term consequences.
The Pandemic Emergency Purchase Programme (PEPP) was a monetary policy initiative launched by the European Central Bank (ECB) in March 2020 to mitigate the economic impact of the COVID-19 pandemic. Its primary goals were to maintain price stability, ensure favorable financing conditions across the eurozone, and safeguard the transmission of ...
Economists, retailers and others have been warning for months that supply-chain bottlenecks, which largely have resulted from pandemic manufacturing shutdowns and shipping disruptions, could make ...
In the US, shortages and price increases of tampons and other feminine hygiene products were caused by supply chain disruptions, staffing problems, and raw material costs. [194] As of mid-June 2022, approximately 7 percent of tampon products were out of stock, and many shoppers struggled to find their preferred brand. [ 195 ]
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