If you haven’t heard, this year’s holiday shopping period is likely to be frustrating – high demand with a low supply of goods. That’s because, PC Magazine explains, “The global supply chain is a mess.”
“It all started with COVID-19. The pandemic has been disrupting manufacturing, driving up demand for computing at home, and causing workers to rethink their careers and quit. That’s led to a historic chip shortage, backed up mercantile ports, and a labor shortage that’s depriving factories, trucking companies, and retailers of enough workers.
“As a result, companies have been struggling to churn out as much product as they’d like. Meanwhile, stores and e-commerce sites are receiving lower inventory than expected. The bad news is we’re unlikely to see significant relief ahead of the 2021 holiday season. Forrester Analyst Alla Valente expects the supply chain problems to persist ‘well into next year’.
“And it could exacerbate,” she says. “COVID is still here, and there are many fluctuations going on, so it’s difficult to predict.”
Sorry for the bad news, but somebody has to share it.