Pat Penfield
Supply chain expert , from 鶹ƵUniversity’s Whitman School of Management, offers thoughts on the impact of a possible strike by port workers and what it might mean when coupled with current strain on the world’s supply chain of goods. Prof. Penfield is available for interview for your coverage. Please see below for his comments:
“2022 will continue to be a challenging year for many global supply chains. The COVID-19 pandemic with its variants is still impacting different parts of the world at different times, extreme weather events, such as snowstorms, are preventing areas within the US from producing and moving materials, cyber security issues continue to disrupt supply chains while shutting down businesses. Geo-political issues could also threaten our supply of energy and semi-conductor chips. But a possible strike by longshoreman may have the greatest impact and will hurt already overwhelmed ports in California. This, coupled with the ‘bull whip effect’ of excess ordering, will cause large inventory issues for a number of companies.”
For more information or to arrange an interview please contact Keith Kobland, Media Relations Manager, at kkobland@syr.edu or 315.415.8095
