Every distributor has experienced the effects of the global supply chain crisis of the past few years. In this article, with the benefit of hindsight, we take another look at what caused the crisis, its effects and how technology and in particular, supply chain management software, helps distributors deal with supply chain issues.
Causes of the Supply Chain Crisis
Over the last few years there have been a variety of supply chain disruptions: the Coronavirus pandemic and the ensuing lockdowns, the war in Ukraine and other geopolitical instability, the slowdowns of all major economies and soaring inflation globally. Together all these disruptions caused the global supply chain crisis of 2021-2023. While the supply chain challenges have eased somewhat there are still ongoing supply chain problems.