In this episode, I talk with Arthur Wheaton from the School of Industrial and Labor Relations at Cornell University about supply chains and why we have shortages on store shelves.
He says today’s products are often assembled in multiple locations before making it to store shelves. A breakdown at any step along the way can lead to shortages. He says while some supply chain issues are related to COVID-19, in some cases, the pandemic has revealed problems that have been years in the making.
We also talked about some of the efforts underway to fix these problems.