Retail and ecommerce businesses had been facing many hurdles for two years, especially in China, where the lockdown was very tight, and the pandemic was raging. This situation led to a huge consumption of goods by the locked population, which increased the scarcity of air, sea and trucking freight spaces. The rise in prices was therefore bound to happen.
How can your supply chain company face this sort of crisis? But let's put the question more like this, in a most optimistic way: how can you take advantage of this kind of situation to thrive your business and provide a good service to your customers?
We are going to provide you with some advice from our experts that can help you to deal with the negative effect of this situation on inventories, workers, and freight. But first, we are going to present to you the former situation in China, during the crisis that still has its effects today.