In this episode, Gary Master, president, COO, and group publisher at Agile Business Media, discusses the current state of supply chains. He explains that new challenges arise each day - almost like playing the arcade game Whac-A-Mole. Once one problem is addressed, another comes up to challenge supply chain managers. Product and component shortages, freight bottlenecks, labor issues, tight capacity, and growing complexities are just some of the major concerns we face each day in getting products to the people who need them.
Our nation's truckers are breaking down at a higher rate this year. This increase in the number of unexpected roadside events is due to a number of factors, including aging fleets, the lack of spare parts, decreased preventative maintenance, and the conditions of our highways.
Freight capacity continues to be very tight and there is no end in sight for the foreseeable future. A new report details just how difficult it is to find capacity within the logistics market.
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