As we know, global lockdowns had a huge impact on the economy. The shutdown meant that containers didn't move around and when they did they quadrupled in price due to a speedy reopening in trade. That also led to something called ‘nearshoring’ whereby importers wanted to have reliable producers closer to their main hub - even if that meant paying way more. And that in turn has kickstarted inflation issues with which we are only now emerging. So supply chains matter.
Amy Shortman is the Vice President of Product Marketing at the supply chain company Overhaul