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Most supply chain managers expect problems to continue at least through 2024
More than half of logistics managers at major companies and trade groups say they do not expect the supply chain to return to normal until 2024 or after, according to a new CNBC survey. Sixty-one percent of respondents said their current supply chain is not operating normally, compared with 32% that said it is functioning normally. When questioned when they see a return to normalcy, 22% were unsure, 19% said 2023, and 30% said 2024. Another 29% said in or after 2025, or never. The dour outlook comes after almost three years of global supply chain problems, which began with the shutdown of Wuhan, China, where the ... (full story)