Introduction The last three years have been a wild rollercoaster ride across global industries. Customer preferences shifted more drastically and more quickly than ever before, with certain markets suddenly experiencing significant demand increases and resulting supply shortages. From masks to flour and toilet paper to microchips, waves of specific consumer demand changes have created cycles of bottlenecks followed by overcapacities, which combined with difficulties in international and domestic shipping, security of supply, labor shortages and cost inflation have compressed margins. As a result, many companies find themselves with the need to re-prioritize specific products, deal with idle capacity, and in general re-evaluate their cost structure.

Join for free to read