Podcast
Questions and Answers
What triggered the ongoing supply chain crisis in 2021?
What triggered the ongoing supply chain crisis in 2021?
- Port lockdowns and cargo container shortages
- Decrease in demand for items and lack of personnel
- Global pandemic, labor and freight cost struggles, and production and inventory limitations (correct)
- Rise in electronic and exercise machine purchases
What was a consequence of the global Covid pandemic on businesses?
What was a consequence of the global Covid pandemic on businesses?
- Significant drop in demand for items
- No impact on businesses
- Increased production to meet higher demands
- Anticipated decrease in demand but experienced record numbers of purchases (correct)
What caused delivery delays and the need to prioritize shipments during the pandemic?
What caused delivery delays and the need to prioritize shipments during the pandemic?
- Lack of personnel and logistical limitations due to Covid restrictions (correct)
- Shortage of raw materials and increase in production costs
- Global economic recession
- Decrease in consumer demand and excess inventory
What was a significant issue at ports during the pandemic?
What was a significant issue at ports during the pandemic?
What was the focus of the documentary?
What was the focus of the documentary?