Supplychain experts agree that consumers fueled everything shortage and might be able to help fix it
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From panic-buying to two-day shipping expectations, consumers helped fuel the supply-chain crisis. Insider spoke with 12 experts in labor, logistics, and economics who said shoppers are at least partially to blame for the supply-chain disruptions that left store shelves empty and spawned price hikes
Insider Life: The finer things, from travel to real estate.. The global supply chain has been stretched past its limit, and experts say consumers are more than partly to blame.
Supply-chain experts agree that consumers fueled the everything shortage - and might be able to help fix it. Business Insider, Grace Kay, Wed Oct 20 2021, 10:04am
The immediate solution. We all consume less. Experts told Insider further disruptions could be averted if consumers cut back.. "It would not be great for the economy, but if people who were stuck at home started spending their money on experiences, instead of belongings, we would see less ships moving in and out of those ports," RBC Capital Markets analyst Mike Tran told Insider