Supply chain reaction: Product delays, stock shortages and higher prices
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Show Notes
Guest: David Johnston of the Schulich School of Business at York University
With the holiday season fast approaching, many retailers have been ramping up their efforts to make sure there is enough stock on the shelves for consumers to buy, but experts warn that disruptions in the global supply chain are already resulting in product shortages, delays in delivery and higher prices. There are container ships lined up outside of U.S. ports waiting to off-load their freight, and there aren't enough docks or truck drivers to move the goods through. While COVID-19 has exposed some of the weak links in our global supply chain infrastructure, many issues were already there and experts are warning it might be some time before things return to normal.