Most managers do not anticipate the supply chain returning to normal until 2024 & beyond

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According to a recent poll conducted by CNBC, more than half of those surveyed are not expecting a return to normalcy in the supply chain until 2024 or beyond. This is a bleak outlook on a situation that has only seemed to persist through years now of consistent issues.

So, why should we care? As long as the consumer gets what they ordered online in a reasonable time… does this even matter?

Well, yes. Global supply chain problems can have a negative impact on the economy for a number of reasons. One reason is that supply chain disruptions can lead to shortages of goods and materials, which can limit the production and availability of products for consumers. This can lead to higher prices for these products, as well as decreased consumer demand and reduced revenue for businesses.

Another reason is that supply chain disruptions can lead to increased costs for businesses, as they may need to find alternative sources for goods and materials or incur additional costs for transportation and storage. These increased costs can affect businesses' profitability and competitiveness, which can have negative impacts on the economy.

Finally, supply chain disruptions can also lead to job losses and economic instability, as businesses may need to lay off workers or even go out of business if they are unable to operate due to supply chain problems.

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