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Supply chain pressures: taking stock of the outlook

Market disruptions and shortages of materials have left a growing backlog of work, goods and services impacting availability for consumers.

15 Feb 2022, 3 min read

For the global economy, 2021 was defined by the recovery from severe lockdowns during the early part of the COVID-19 pandemic and the litany of supply chain pressures which arose from this. Perhaps the most prominent factor behind the disruptions has been a surge in demand as economies re-opened, with spending tilted towards goods and away from services. This has been exacerbated by a number of COVID-19/recovery-related global production and transport issues, such as shipping delays, port congestio

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