Global supply chains face port blockages, soaring shipping costs, and product shortages that delay deliveries and spike manufacturer costs. The speaker argues sustainability initiatives are key to fixing these disruptions.
Supply chains are broken. We've had blocks in port and more higher shipping costs than ever before. And what does this mean? It means your raw material and shipping costs have gone up probably exponentially. You got bottlenecks and cancellations in port. You can't get your stuff to your end customers, and you got shortages in the stuff you need to deliver and make what you do. This is why I think that very heavy, complicated S-word sustainability matters today more than ever. Sustainability actually will solve and improve all of these supply chain challenges.
