Global supply chain crisis 2021 ->

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andmar74
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Global supply chain crisis 2021 ->

Post by andmar74 »

The global supply chain is slowing down at the very moment when Americans are demanding that it go into overdrive.
https://www.theatlantic.com/ideas/archi ... ge/620322/
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caltrek
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Re: Global supply chain crisis 2021 ->

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Don't mourn, organize.

-Joe Hill
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caltrek
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Re: Global supply chain crisis 2021 ->

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Don't mourn, organize.

-Joe Hill
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caltrek
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Re: Global supply chain crisis 2021 ->

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Produce Piling Up as California Port Crisis Rolls On
by Nick Cahill
November 3, 2021

https://www.courthousenews.com/produce- ... -rolls-on/

Introduction:
SACRAMENTO, Calif. (Courthouse News) — The flotilla of container ships loaded with toys and household goods destined as holiday gifts idling near Los Angeles remains the centerpiece of the country’s supply chain quagmire, but another cargo logjam is looming onshore hundreds of miles north.

While the ceaseless traffic jams at the ports of Los Angeles and Long Beach have produced containers of irresistible cable news content, the Port of Oakland is desperate for business. Ships that traditionally unloaded in Los Angeles and stopped in Oakland to reload with the Golden State’s legendary produce are suddenly beelining back to Asia empty.

The global shipping trade has figured out the pesky logjams are worth the spiking price of consumer goods, and as a result, California farmers are now paying the price.

“The Port of Oakland is standing empty,” says Assemblywoman Mia Bonta, whose district includes the port.

Containers full of California-grown products are piling up in places like Oakland and Stockton, forcing the state’s massive agricultural industry to fly supplies to South America and ship tree nuts via rail across the country to Maryland, in a frantic attempt to keep their European markets satiated.
Don't mourn, organize.

-Joe Hill
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caltrek
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Re: Global supply chain crisis 2021 ->

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The Supply Chain Crisis, Explained by Adele
by Emily Stewart
November 22, 2021

https://www.vox.com/the-goods/2021/11/2 ... ain-delays

Introduction:
(Vox) The supply chain comes for everyone, including Adele. Or maybe it’s Adele who’s coming for the supply chain — specifically, the vinyl supply chain.

The British songstress released her latest album, 30, on Friday to much global fanfare, and she’s expected to do major worldwide sales (at a moment when physical music sales are rare). There’s been speculation that Adele’s big splash may also have implications for the music business, and not necessarily all of them good. Sony Music reportedly ordered some 500,000 copies of vinyl records for the album’s release, potentially putting a squeeze on an already tight supply chain. With Adele pressing all those records, there has been speculation that she’s crowding out some space for others. At the very least, the issue is drawing some attention to a real crunch in the music industry.

“All of these bigger artists are selling more records on vinyl, and all of them together are clogging up the plants, whereas a few years ago, vinyl was probably second-tier for these artists or even third-tier,” said Mike Quinn, head of sales at ATO Records, an independent record label based in New York City. But he’s not worried too much. “We’ve not had any plant turn us down saying, ‘Oh, we have too many Adele records.’”

Vinyl has seen a renaissance over the past decade or so, with demand surging even more during the pandemic. According to the Recording Industry Association of America (RIAA), vinyl sales grew by 28.7 percent in value from 2019 to 2020 to $626 million. Last year also marked the first year vinyl exceeded CDs in total revenue since the 1980s. Manufacturers have struggled to keep up.

“Vinyl’s been surging, or resurging, from the dark ages since probably since 2007, 2008, it just did so under the radar,” said Brandon Seavers, cofounder and CEO of Memphis Records, a vinyl manufacturer. “The pandemic hit, and everything exploded.”
caltrek's comment: So, the supply chain crisis must be Biden's fault. It is, after all, occurring on his watch. Inflation caused by said supply chain problem must therefore also be his fault. Don't ask for evidence, asking for evidence is just a way of confirming that you are one of them there liberals. The important thing is that the supply chain must work smoothly. Of course, if Biden does try to actually do something about it, it just proves what a heavy handed socialist he is on account of how the market place should be relied upon to solve such problems.

In any case, the supply chain must run smoothly, just as in another era the trains must run on time. Putting a guy in the office of the prez to make the supply chain run smoothly is thus the highest priority. If it costs us democracy, well that is a small price to pay for making the supply chain run smoothly. Except, don't forget, don't allow those liberal socialists to do anything that interferes with the market place.

...and on and on it goes.
Don't mourn, organize.

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caltrek
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Re: Global supply chain crisis 2021 ->

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Well, how about that. The Wall Street Journal is actually optimistic of the subject. Will ceases never wonder.

Worst of the Supply Chain Woes Over?
by Jake Perez

https://www.linkedin.com/news/story/wor ... r-5186756/

Introduction:
(Linked In) There are signs that global supply chain snarls are improving, yet the complicated web of producers and distributors predict things won't get back to normal until next year — as long as COVID-19 outbreaks subside, reports The Wall Street Journal. Experts point to reduced pandemic-related factory closures, fewer energy shortages and loosened port-capacity limits in Asia, coupled with falling ocean freight rates. They also say big U.S. retailers have already imported most of their holiday goods. Still, challenges such as labor shortages and port bottlenecks remain.
Last edited by caltrek on Tue Nov 23, 2021 12:54 am, edited 1 time in total.
Don't mourn, organize.

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caltrek
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Re: Global supply chain crisis 2021 ->

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...and Bloomberg News. A trend?

The U.S. Supply-Chain Crisis Is Already Easing
by Brooke Sutherland
November 18, 2021

https://www.bloomberg.com/opinion/artic ... ady-easing

Introduction:
(Bloomberg) The supply-chain crunch appears to have already peaked in the U.S. When I first wrote this in mid-October, it felt like a bold assessment. Over the past two years, just about anything that could go wrong with global supply chains has gone wrong, from volatile swings in demand, a wave of extreme weather events and even a container ship getting stuck in the Suez Canal. But evidence keeps piling up to suggest that the U.S. is slowly but surely making progress in easing freight congestion and supply shortages.

Global average ocean freight rates for a 40-foot container have now declined for eight straight weeks, according to data released Thursday from maritime advisory and research firm Drewry. Spot pricing for the busy Shanghai-to-Los Angeles trade route has bounced around more but is still down about 19% from its September peak. Meanwhile, the number of containers lingering for longer than nine days at the Port of Los Angeles has dropped by about a third since the hub announced a plan in October to start fining ocean carriers for excessive dwell times, Executive Director Gene Seroka said this week. The threat alone seems to have driven meaningful improvement, so the ports of L.A. and Long Beach have delayed the penalties (which start at $100 a day and rise in $100 increments) until at least later this month. An influx of additional sweeper ships used to pick up empty containers is also helping to clear dock space for new cargo, while local officials have agreed to temporarily increase the number of containers that can be vertically stacked in nearby warehouses and container yards.

For all the doomsday warnings about the knock-on effects of the logjams on corporate earnings, companies generally seem to be managing fine — at least the large, public ones. Target Corp. this week reported $2 billion of additional inventory on its balance sheet at the end of the third quarter compared with a year earlier as it stockpiled goods to meet holiday demand. The retailer said it had secured enough truck and rail capacity to support expected shipments in the final months of the year.
Don't mourn, organize.

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Yuli Ban
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Re: Global supply chain crisis 2021 ->

Post by Yuli Ban »

God, I hope so.

End In Sight For Chip Shortages?
The current wave of semiconductor and IC packaging shortages is expected to extend well into 2022, but there are also signs that supply may finally catch up with demand.

The same is true for manufacturing capacity, materials and equipment in both the semiconductor and packaging sectors. Nonetheless, after a period of shortages in all segments, the current school of thought is that chip supply may return to relative normalcy by mid-2022, despite some product shortages like automotive chips, which could persist throughout 2022. This depends on several economic factors, however, so all of this could change overnight.

It’s been a chaotic period in the semiconductor industry. In early 2020, the business looked bright, but the market dropped following the Covid-19 outbreak. Throughout 2020, countries implemented various measures to mitigate the outbreak, such as stay-at-home orders and business closures. Economic turmoil soon followed.

By mid-2020, the IC market bounced back, as the stay-at-home economy drove demand for computers, TVs, and other consumer electronics. Shortages for consumer chips and select IC packages surfaced. Then, in the first half of 2021, demand for cars, smartphones and other products spiked, causing chip shortages in those sectors. Today, many chip types are in tight supply with long lead times, while a few others are easier to find. It depends on the chip and vendor.
And remember my friend, future events such as these will affect you in the future
Nanotechandmorefuture
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Re: Global supply chain crisis 2021 ->

Post by Nanotechandmorefuture »

Yuli Ban wrote: Tue Nov 23, 2021 3:50 am God, I hope so.

End In Sight For Chip Shortages?
The current wave of semiconductor and IC packaging shortages is expected to extend well into 2022, but there are also signs that supply may finally catch up with demand.

The same is true for manufacturing capacity, materials and equipment in both the semiconductor and packaging sectors. Nonetheless, after a period of shortages in all segments, the current school of thought is that chip supply may return to relative normalcy by mid-2022, despite some product shortages like automotive chips, which could persist throughout 2022. This depends on several economic factors, however, so all of this could change overnight.

It’s been a chaotic period in the semiconductor industry. In early 2020, the business looked bright, but the market dropped following the Covid-19 outbreak. Throughout 2020, countries implemented various measures to mitigate the outbreak, such as stay-at-home orders and business closures. Economic turmoil soon followed.

By mid-2020, the IC market bounced back, as the stay-at-home economy drove demand for computers, TVs, and other consumer electronics. Shortages for consumer chips and select IC packages surfaced. Then, in the first half of 2021, demand for cars, smartphones and other products spiked, causing chip shortages in those sectors. Today, many chip types are in tight supply with long lead times, while a few others are easier to find. It depends on the chip and vendor.
I guess we will see. I will say it absolutely sucked to go through that's for sure between this and the suppy chain issues.
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caltrek
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Re: Global supply chain crisis 2021 ->

Post by caltrek »

I will have to admit that when I made my earlier sarcastic comments about supply chain problems, I was not taking into account impacts on air pollution in places like southern California.


Black Friday is Causing Toxic Traffic Jams at U.S. Ports and Warehouses
by Justine Calma
November 24, 2021

https://www.theverge.com/22800410/black ... california

Introduction:
(The Verge) As millions of Americans rush to take advantage of Black Friday deals this weekend, the shopping spree will add to a pollution crisis unfolding at America’s ports. For months, broken supply chains have saddled port-side neighborhoods with more pollution than they normally endure. The holiday season will make things even worse.

The disaster is unfolding in spectacular fashion in Southern California, home to the busiest port complex in the western hemisphere (which includes the ports of Los Angeles and Long Beach). Here, cargo ships have piled up offshore as the pandemic wreaks havoc on global supply chains. The traffic jam extends to inland distribution hubs that attract trucks, trains, and planes shuttling goods from warehouses to consumers’ doorsteps.

THE DISASTER IS UNFOLDING IN SPECTACULAR FASHION IN SOUTHERN CALIFORNIA

That all has consequences for people’s health. “We need these things off these ships, I understand that,” says Afif El-Hasan, a pediatrician and national spokesperson for the American Lung Association. “But it’s going to hurt the people around the [areas] these goods come through.”
There are a lot of factors that wrecked global supply chains, but in short, there was a mismatch in supply and demand. The pandemic shuttered factories. Meanwhile, people started shopping more for home improvement projects and new hobbies they picked up during pandemic-induced lockdowns. In the US, the container ships ferrying those goods from Asia started piling up at ports. During the first three quarters of this year, the movement of containers in and out of the ports of Los Angeles and Long Beach was nearly 30 percent higher than during the same time period in 2019. By November, container ships were parking outside the Port of Los Angeles for an average of 17 days — more than twice as long as they were towards the start of the year. That has literally led to tons more air pollution in the region because the ships run their auxiliary engines while idling offshore.

By early fall, those problems were compounded by retailers’ rush to haul in goods for the holidays
Don't mourn, organize.

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