Supply chain issues will impact cost of goods over next 6-12 months

As detailed by James Stewart & Peter Marczenko, 70 percent of survey participants believe that supply chain issues will mean increased costs for consumers as businesses are forced to raise prices to offset higher transport costs.

The past two years have exposed weaknesses in the retail and hospitality sectors. COVID-19 restrictions and border closures undermined the front facing operating model, preventing customers entering stores while also placing stress on inventory and delivery systems. While the industry has coped well with some of the challenges thrown up by the pandemic, moving to online, click and collect and takeaway sales, there remain significant challenges which must be addressed as the country reopens....

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Authors: James Stewart, Peter Marczenko

Published Date: 07 December 2021