BLUFThis Dec 21 Guardian article argues that the global supply chain crisis will take two years to overcome bottlenecks.
- Difficulties in sourcing goods and materials could last another two years.
- Omicron Covid variant could make supply chain issues worse.
- The biggest problem seems to be Zhejiang in China, a major manufacturing hub and a major container port.
- Another problem area is America’s west coast, where ships can take four weeks to unload.
- Delays at important ports create a ripple effect across the global supply chain.
- Cyberattacks on the supply chain, such as Colonial Pipeline, have also caused significant problems.
Note also the following Runway Posts:
- Australia must do more to prepare for a SolarWinds-style supply-chain attack | The Runway (airforce.gov.au)
- China's economy is cooling rapidly and Australia could feel the chill | The Runway (airforce.gov.au)
- A coffee shortage is coming, and it could last three years, importers warn | The Runway (airforce.gov.au)
- Australia has a key role to play in reducing China’s rare-earths dominance | The Runway (airforce.gov.au)
- Will synthetic production solve Australia’s liquid fuel problem? | The Runway (airforce.gov.au)
- Dec 21 New anti-virus measures in East China’s Zhejiang spark logistics backlog; ‘targeted approach’ reduces impact on supply chain - Global Times
- Dec 21 Global Supply Chain Disruption - Is Retail’s Xmas goose cooked? - The University of Sydney
- Dec 21 Resilience in the Global Supply Chain: Understanding 5 Key Ingredients - Global Trade Magazine
- Jan 22 Supply chain crisis tipped to stretch into 2022 | news.com.au — Australia’s leading news site
- Jan 22 Interview: U.S. ban on Xinjiang cotton to further disturb global supply chain, says expert-Xinhua (xinhuanet.com)
- Article Source: The Guardian
- MEDIA BIAS CHECK: The Guardian - Media Bias/Fact Check (mediabiasfactcheck.com)
- RUNWAY TOPICS : LEARNING OUTCOMES | The Runway (airforce.gov.au