Managing the Now, Preparing for the Future
After grappling with persisted supply chain disruptions, labor constraints and rising business costs in 2022, electronics distributors welcomed 2023 with open arms. While some of the roadblocks they were facing have since eased – the global chip shortage being one of them (at least for some sectors) – a host of new challenges were waiting right around the corner. High inflation, rising interest rates and recessionary fears are top of mind for many companies right now. The ongoing war in Ukraine, the spate of U.S. bank failures and a labor shortage that appears to be here to stay are also keeping many distributors up at night right now.
Source: Managing the Now, Preparing for the Future | Supply Chain Connect