Black Friday shopping didn’t break the supply chain but it could help save it

black friday shopping didnt break the supply chain but it could help save it

Sumary of Black Friday shopping didn’t break the supply chain but it could help save it:

  • National Retail Federation CEO Matt Shay provides insight into the supply chain crisis and labor shortage.
  • American consumers are approaching this year’s Black Friday in the face of a supply chain crisis rightly described as “unprecedented.
  • ” As someone who has worked at the nexus of national security and supply chains for years for companies like Deloitte, trust me — there is literally no peacetime precedent for this degree of disruption.
  • SUPPLY CHAIN EXPERTS WEIGH IN ON CAUSES, SOLUTIONS FOR BACKLOGIt’s right to be concerned as we arrive at the biggest holiday shopping day of the year.
  • Small businesses that rely on Black Friday promotions to turn a profit have particular reason to worry: according to 2019 U.S. Census Bureau data shared by Statista, toy stores, jewelry stores, and many other retailers rely on fourth-quarter shopping to generate more than a third of their annual retail sales.
  • According to politicians on the left and their allies in the media, American consumers made this happen with our uncontrollable shopping habits.
  • Not only that, we’re too dumb to understand why the supply chain is backed up.
  • President Biden himself has remarked that “not a lot of people have a clear understanding… about how a supply chain works,” and insisted that it is “incredibly complex.

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