Professor Charles Fine, President and Dean of Asia School of Business gives us an update on whether the supply chain disruptions taking place globally is easing and whether these disruptions will likely persist at the end of the year. “The underlying cause was the pandemic… The pandemic was global and hit every factory and supply chain at the same time. Usually, disruptions [are local].

It would be very expensive to build up enough inventory to insure against another global pandemic. Some companies are going to rethink their supply chain strategy and try to have more production capabilities closer to their market. It takes a simultaneous global disaster of some sort to cause what we are seeing now, and hopefully those are very few and far between.”

Listen to the full interview below:

Originally published by BFM.