2021 Highlighted Shortcomings in the Global Supply Chain. Will 2022 be Any Better?

COVID-19, inflation, and vaccines were big topics in 2021. But another phrase was spoken ubiquitously across almost every U.S. industry this year: the supply chain crisis. The global supply chain has always been riddled with hindrances. But this year put the network to the test, with port congestion, factory shutdowns and labor shortages all contributing to overall delays and slowdowns, which experts previously indicated could last through 2023. “It is hard to tell exactly when the global supply chain challenges will fully calm down, but I would suspect this to keep rolling deep into 2022, and maybe show firm signs of relief during 2023,” said Yoni Mazor, chief growth officer and co-founder of Getida, which specializes in auditing and reimbursements for Fulfillment By Amazon. Despite the shortcomings this year, many retailers were able to adapt their supply chain strategies to pull through 2021. Some like Walmart and Target even delivered exceptional results. For most companies, these changes are more than a temporary fix. In fact, many retailers say that these new strategies will inform how they move and source product and materials for good. For example, Crocs brand president Michelle Poole said that Crocs will continue “to stay agile and nimble to meet as

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