Why are we seeing global shortages?
The Inquiry
Empty shelves are becoming commonplace. And prices are rising. Charmaine Cozier explores the role that the pandemic, and a sudden demand explosion, have had on supply chains. Around the world workers are being slow to return to their jobs, the container shipping industry is struggling to get goods to their destinations and manufacturing disruptions are causing a reduction in vital components. And in addition to the pandemic, extreme weather events have resulted in ruined harvests. How long will it take for things to return to normal?
Contributors: Jose Sette, International Coffee Organisation Stacy Rasgon, Bernstein Research Dr Nela Richardson, ADP Professor Alan MacKinnon, Kuehne Logistics University
Presenter: Charmaine Cozier Researcher: Chris Blake Producer: Rosamund Jones
(Image: Empty supermarket shelves: REUTERS/Henry Nicholls)
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