Like a python trying to swallow a pig: High demand is contributing to supply chain problems
We have been talking about supply chains a lot over the past 18 months or so, as there have been shortages of some foods, toilet paper and other products. But more than a year and a half into this pandemic, we’re still talking about reduced supply for items like cars, appliances and once again — at least in the case of Costco — toilet paper.
That lower supply means that even if you can get your hands on many products, you’ll pay more for them than you did before the pandemic.
So what’s going on, and why are we still facing some of the problems we were dealing with last year?
Hitendra Chaturvedi is a professor of practice in the supply chain management department at Arizona State University's W.P. Carey School of Business.
The Show spoke with him to learn if these are the same supply chain issues we’ve had over the last year and a half or if they are new ones.