100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More
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APRIL 1, 2022
As some component lead times push into 2023, the shortage is expected to last 24 months before it recedes – similar to the chip shortage of 2008-2009. The auto industry makes up less than 9% of chip demand by revenue, and that figure is expected to increase by 10% per year until 2025. Air cargo carriers in North America posted an 11.4%
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