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With the most recent COVID variant rearing its ugly head – once more – many people are questioning, “When will this $h!t ever finish?” Day by day reminders are unavoidable as all of us push by way of and attempt to keep constructive, pivoting our companies and the best way we work to make this new pandemic-driven dynamic someway work.
Provide chain points have been a subject of debate all yr with many industries, together with safety, impacted tremendously. Response to this month’s Information Ballot on the subject has been overwhelming, with 91 p.c of SSN readers saying their enterprise has been impacted by provide chain points. A whopping 69 p.c stated their firm was impacted “tremendously” with one other 21 p.c saying “considerably.”
One other 85 p.c stated that they’ve needed to pivot their operations as a result of provide chain points, exhibiting the type of ripple impact the pandemic is inflicting globally.
“As a small supplier it’s disappointing that the big producers haven’t been in a position to rebuild their manufacturing and put extra stock into the system,” stated one reader. “This has stored them behind the demand curve from the start of the pandemic. I perceive why product managers missed their preliminary forecasts, however given their monetary sources, they need to have been in a position to put extra slack within the provide chain. It is going to take a very long time to get issues again in steadiness.”
One other respondent agreed, noting, “Producers must do a greater job of speaking as we’re taking a look at alternate options as a result of we get little or no response from them. We want to know just a little extra apart from a product is on back-order.”
One integrator famous how disruptive provide chain points have been, with one respondent declaring, “Some giant business installations needed to be rescheduled or reconfigured. Problem in reaching objectives for radio alternative as a result of stock shortages.”
Provide chain points are additionally impacting issues on the consulting facet of the equation, with one safety marketing consultant noting, “As a specifier, I now should have a look at availability in addition to performance when specifying a platform.”
As we’re all seeing, labor shortages are a significant component in all of this, as one reader famous: “Discovering certified workers is our solely setback. Primary economics is the difficulty with the provision chain, and with union labor, nothing strikes by way of the ports.”
Wanting large image down the highway, most (67 p.c) SSN readers are “not sure” concerning the future, with solely 10 p.c of respondents seeing issues bettering in 2022.
However as we’ve got realized, we should proceed to construct on, and be taught from previous successes – and failures – this previous yr, whereas forging a brand new path ahead crammed with hope, arduous work and optimism.
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