Photo: David McNew / Getty Images
For: The Opinion
Tuesday, October 8
The supply chain crisis in the US could last until 2023
One of the problems that have prevented the economic recovery from accelerating in the country has to do with the problems of the supply chain that has affected consumption and also that it has impacted on the rise in prices .
This Christmas season, the United States is facing peak consumer demand, a situation that has not been easy for retailers. Experts have said the next few weeks will be critical in determining whether the supply chain crisis that produced the pandemic will extend through 2023 .
Experts such as Aaron Terrazas, director of economic research at Convoy Inc, a digital cargo networks company, have pointed out that congestion at ports has stabilized, but is far from better , according to the FOX network.
On the other hand, it is expected that once the crisis in the ports is over, logistics problems are transferred to the transport system within the country, which will be necessary to move all the merchandise that is in ports.
Ports have become one of many bottlenecks in the global supply chain, as ships have become ll Container storage with electronic products among many other things.
Delays have caused some Retail stores are empty during the holiday season . According to projections, the congestion in the ports will culminate in January, but the fear for the Omicron variant of the Covid – 19 means that there is not much faith that things will improve for the national and world economy in the coming months.
Fears now focus not only on the number of people hospitalized or the mortality that this variant contracts, but on the effects that occur again on the supply chain , likewise, that being a more contagious variant, the quarantine that has to be applied during that time, will cause even more delays .
Derived from this, says Terrazas, is that the US economy has become aware of how much it is depending on a handful of partners and commercial channels in the last decades.
At the moment, many companies are focused on maintaining their operations as best as possible. possible and they are not thinking in the long term, although it is expected that after the crisis is over, new relationships and business models can be established that adapt to the new conditions and are more durable.
You may also be interested in: Biden says his priority goal now itself is to fight inflation