Why Supply Chain Woes are Getting Worse

The video discusses the ongoing disruptions in the global supply chain, exacerbated by the COVID-19 pandemic. It highlights issues such as labor shortages, container shortages, and rising shipping costs. The discussion also touches on the geopolitical aspects of supply chain management, emphasizing the importance of Southeast Asia as a manufacturing hub and the potential shift towards nearshoring strategies. The video underscores the complexity of supply chain challenges and the need for strategic adjustments.

Discuss the implications of the container shortage mentioned in the text.

What are the potential long-term changes in supply chain strategies as suggested in the text?