© Copyright Acquisition International 2025 - All Rights Reserved.

Article Image - Supply Chain Chaos: How Long Until They Recover?
Posted 15th June 2022

Supply Chain Chaos: How Long Until They Recover?

Supply chains are struggling to recover from the damaging effects of the pandemic. Couple this with the fact that a mere 6% of brands feel they have full visibility of the supply chain, and it's easy to see why the pandemic had such a detrimental impact on supply chains.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Supply Chain Chaos: How Long Until They Recover?
Supply Chain

Supply chains are struggling to recover from the damaging effects of the pandemic. Couple this with the fact that a mere 6% of brands feel they have full visibility of the supply chain, and it’s easy to see why the pandemic had such a detrimental impact on supply chains. Then you have to consider there has also been a 650% rise in supply chain targeted cyberattacks, and it’s easy to see why supply chains across B2B and B2C networks are scrambling to recover.

The result of a constant barrage on supply chains is damaged buyer-to-business relationships, cost implications, and damaged business reputations. Below, we’ll look at the causes of the supply chain chaos, what brands can do to gain more supply chain visibility, and when it’ll all return to normal order.

 

Why the Chaos?

It all started with the pandemic. Many supply chains simply shut down due to a lack of trading and a lack of the ability to trade. The result is an estimated $4 trillion in lost revenue for supply chains across the globe. Break that down into individual sectors – like the automotive and transportation that lost up to $100 million in revenue – and it’s easy to see why supply chains are struggling to recover.

Just when everyone thought supply chains were back in business, the new software packages developed to support supply chains at the back-end of the pandemic were heavily flawed. In comes the 650% rise in cyberattacks targeting the software that cost the industry more millions. Factor in staffing issues and product shortages, and it’s easy to see why supply chains across the globe are struggling to recover.

 

Creating More Supply Chain Visibility

For individual brands, there’s a lack of control and visibility of the supply chain that can cause further disruptions. The software that aimed to create more visibility and control failed, but there are other ways of tracking activity across the supply chain that benefits brands. One example is incentive programs that reward sales, referrals, and even communication.

If you click here, you’ll notice that an incentive program isn’t only for buyers; it’s for vendors and distributors. When offering incentives and using a program that tracks activity, it’s easier to have more supply chain visibility. They also improve collaboration and communication across the entire supply chain.

 

When Will Supply Chains Return to Normal?

Some experts believe the current operations of supply chains are the new norm but that they will slowly recover somewhat throughout 2022. The recovery refers to the current economy and financial state of supply chains – in terms of how supply chains operate, that’s expected to remain much the same. Supply chains are now relying heavily on software to automate processes. Despite flaws, automation is now a key part of supply chain operations.

Supply chains are battling the ripple effects of the long-lasting pandemic fuelled crisis – the primary issue now is a lack of supplies and an increase in demand that supply chains are struggling to manage. The result is a backlog of orders that are affecting businesses and consumers. Still, we can expect to see it stabilize by Q3 of 2022.

Categories: News, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
FXIFY Review – Legit Or Not
News
11/07/2024FXIFY Review – Legit Or Not

Finding an online trading platform that ticks all the boxes of reliability, usability, and profitability to meet your trading strategies can be compared to finding a needle in a haystack. It can be very challenging, and you may not know where to start. Even wh

Read Full PostRead - Eye Icon
Planning Delays: New Law Promises Reform But Will Planners Deliver On It?
Legal
20/02/2024Planning Delays: New Law Promises Reform But Will Planners Deliver On It?

For smaller and medium-sized developers, 2023 was the year that everything took longer. It took longer to find and acquire land, longer to obtain bank funding and longer to get materials delivered but most of all, it took longer to get planning permission.

Read Full PostRead - Eye Icon
Dell to Acquire EMC in Biggest Tech Deal of All Time
M&A
16/10/2015Dell to Acquire EMC in Biggest Tech Deal of All Time

Dell has agreed to acquire EMC for $67 billion or £33.15 a share, by far the biggest technology deal of all time.

Read Full PostRead - Eye Icon
8 Reasons Why Your Business Needs a Terms and Conditions Agreement on Your Website
Legal
01/02/20228 Reasons Why Your Business Needs a Terms and Conditions Agreement on Your Website

We’ve all seen terms and conditions agreements. They’re those things you click past when you’re updating iTunes. Unless you’re on the side that’s setting those terms, you probably don’t pay them much attention. That’s okay. I won't judge you.

Read Full PostRead - Eye Icon
Why Data Analytics Is Crucial For Business Growth
News
20/06/2022Why Data Analytics Is Crucial For Business Growth

In today’s increasingly competitive business world, data is the new gold. The wide availability of data that businesses generate contains game-changing insights. These may bring relevant information about your customer's buying behavior, preferences, and the

Read Full PostRead - Eye Icon
Shaping the Future in the Digital Age
Legal
06/02/2024Shaping the Future in the Digital Age

For the best part of the last two decades, Liliana Bakayoko has been a vital cog in the works when it comes to assisting national and international clients with matters of law.

Read Full PostRead - Eye Icon
Nordex SE Helps Uruguay Reach 1,000 MW Installed Capacity
Finance
12/10/2016Nordex SE Helps Uruguay Reach 1,000 MW Installed Capacity

Nordex is commissioning the largest wind farm in Uruguay (142 MW) to date - The manufacturer also supplied and commissioned the first turbine installed in Uruguay, back in 1999

Read Full PostRead - Eye Icon
Comprehensive Guide to Understanding Your Benefit Entitlements
News
27/10/2023Comprehensive Guide to Understanding Your Benefit Entitlements

If you’re on the journey of hiring in the beautiful land of Australia, it’s super crucial to nail that benefits package. Not only do you need to stay aligned with Australia’s labour laws (no one likes legal hiccups, right?), but you also want

Read Full PostRead - Eye Icon
Finding Face in the Fintech  Investment Boom
Finance
01/06/2015Finding Face in the Fintech Investment Boom

We recently spoke to Sam Pearse, Partner, Corporate & Securities, at Pillsbury Winthrop Shaw Pittman LLP about how to find face in the Fintech Investment Boom.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow