Re:Supply Chain Shortages Continue Around the World. Get Use...
by profile53 on Friday September 03, 2021 @02:40AM
(#28401099)
Conversely I think the pandemic showed how robust supply chains are. Supply was able to be rapidly reallocated to different products with nothing more than some mild hiccups. The price of cars went up 20% or so, PS5s are hard to find without paying scalpers, and toilet paper is more expensive, but cars, PlayStations, and toilet paper are still being manufactured. Car production went down but electronic device manufacturing as a whole increased. Clothing manufacturing decreased, but mask and PPE production increased 100 fold, as did medical devices and medications.
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Re:Supply Chain Shortages Continue Around the World. Get Use...
by simonh on Friday September 03, 2021 @04:06AM
(#28401609)
Also this is a big opportunity for the economy. There's big demand for lots of stuff and companies around the world are scrabbling to adjust. There's also plenty of capital around to invest in them. People are now used to tightening their belts a bit, more picky about their jobs and more willing to embrace change. I think many workers have a good chance to benefit in all this.