Global Supply Chain Chaos

The video discusses ongoing supply chain issues despite the pandemic's onset, highlighting port congestion, particularly in Los Angeles, where 61 ships await entry. Companies are placing panic orders to build inventories before the holidays, driven by strong consumer demand. Logistics managers face constant negotiations to move goods, with limited capacity and high transportation costs. The video explores how companies navigate these challenges.

What are some of the reasons for the ongoing problems in supply chains?

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How has the pandemic affected shipping companies' ability to meet demand?

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What is the current situation regarding the number of ships waiting at ports?

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What actions are companies taking in response to the current supply chain issues?

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What challenges do logistics managers face when trying to move goods?

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