By Todd Zabelle
In 2020, the term “supply chain” entered the mainstream like never before when COVID restrictions substantially impacted the global supply network’s ability to deliver goods and services in a timely manner.
While the pandemic essentially ended two years ago, many industries continue to have constrained supply chains, including the supply for key equipment companies need to enable energy transition and digital transformation. Meanwhile, lead time for some items has increased from weeks to months—to even years.
It’s an ongoing frustration for businesses and customers, slowing progress and impacting growth. Instead of accepting slow supply chains as a fact of post-pandemic life, we need to be asking two questions:
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Are supply chains as bad as they seem?
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Or is there more going on than we know?