Everything Shortage

©iStock/dorian2013

Disruptions in global supply chains have generated the phrase "everything shortage."  But US imports are at record levels at some ports, and Americans are breaking shopping records, too.  Supply-chain professionals plan to alleviate the backlog container by container.

What's up?  

Yet claims that the country is running short on everything miss a key point. America has, in fact, imported an immense amount of stuff in the past eight months. And that's part of the reason we're in the midst of an epic supply-chain congestion.  

All of that means that the inventory to sales ratio isn't low because the US is short on stuff.  It's low because sales have gone completely nuts.

Read more about how Americans are running out of everything because Americans are buying so much stuff.

from The Global Small Business Blog https://ift.tt/2ZgzniS