What Everyone Gets Wrong About the Never-Ending COVID-19 Supply Chain Crisis
The ongoing global supply chain crisis caused by the COVID-19 pandemic shows no sign of abating. And although many media outlets have blamed pandemic shortages on companies’ practice of just-in-time inventory management, abandoning it would do little to help current supply chain problems. The author points to two other overarching causes of product and parts shortages: suppliers’ inability to adjust to soaring demand, and government interventions.