TrendsWide
Contact US
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
  • Home
  • Trending
  • Health
  • Life Style
  • NBA
  • Reviews
No Result
View All Result
TrendsWide
No Result
View All Result
Home Trending

CFOs expect supply problems until 2022

by souhaib
October 14, 2021
in Trending
0
CFOs expect supply problems until 2022
74
SHARES
1.2k
VIEWS
Share on FacebookShare on TwitterShare on Reddit
ADVERTISEMENT


You might also like

Credit card debt ceiling deal reveals the impotence of Donald Trump’s MAGA movement

OPEC+ meets to debate creation quotas, new cut

Ackman, Buffett, Clinton, Perot on Jamie Dimon’s Political Prospective

High food prices due to supply chain crisis 3:04

(Trends Wide Business) — The current supply chain crisis will not end anytime soon, according to a new survey of CFOs.

Most CFOs, representing a wide range of companies across multiple industries, expect challenges to last “well into” 2022. They warn that their companies experience supply chain disruptions that have caused delays in production and shipments, as well as an increase in material prices.

The survey of CFOs, released Thursday, was prepared by the Fuqua School of Business at Duke University and the Federal Reserve Banks of Richmond and Atlanta.

Approximately 10% of respondents said that supply chain difficulties will be resolved by the end of this year, but most CFOs anticipate that the problems will not be resolved until the “second half of 2022 or later”, according to a press release.

In addition to the bumpy supply chain, executives said hiring is an “even more pressing concern.” About 75% of those surveyed stated that their companies are having difficulty filling vacancies, which is leading most of them to increase salaries by around 10% to fill vacancies.

Supply chain challenges during the pandemic have been well documented, and on Wednesday the White House announced that it will work with businesses and ports in a “90-day sprint” to address the hurdles. Some will work 24 hours a day to clear traffic jams.

Around the world, ports are congested as a result of the rapid rebound in demand for commodities and goods, as much of the global economy has recovered from the pandemic. In turn, transportation costs have skyrocketed, and companies wanting to transport goods are struggling because not enough ships or containers are available.

Meanwhile, prices are rising for consumers.

Share30Tweet19Share
Previous Post

From Menna Shalaby to Basma.. Watch the most beautiful looks of the stars in white at the El Gouna Festival

Next Post

What will it be like to cross to the US by land from Mexico and Canada after the opening of their borders? | Video

souhaib

Recommended For You

Credit card debt ceiling deal reveals the impotence of Donald Trump’s MAGA movement

by souhaib
June 4, 2023
0
Credit card debt ceiling deal reveals the impotence of Donald Trump’s MAGA movement

I have lousy news for people who invested in shiny red “Make The united states Wonderful Again” hats and devoted years of their lives to what former President...

Read more

OPEC+ meets to debate creation quotas, new cut

by souhaib
June 4, 2023
0
OPEC+ meets to debate creation quotas, new cut

By Maha El Dahan, Alex Lawler and Ahmad GhaddarVIENNA (Reuters) - OPEC and its allies will fulfill on Sunday to debate a new offer potentially adjusting countries' output...

Read more

Ackman, Buffett, Clinton, Perot on Jamie Dimon’s Political Prospective

by souhaib
June 4, 2023
0
Ackman, Buffett, Clinton, Perot on Jamie Dimon’s Political Prospective

JPMorgan CEO Jamie Dimon hinted that he'd look at acquiring into politics at the time he leaves banking. Monthly bill Ackman, Warren Buffett, Monthly bill Clinton, and Ross...

Read more

Report facts sexual abuse claims from Peoria Catholic Diocese

by souhaib
June 4, 2023
0
Report facts sexual abuse claims from Peoria Catholic Diocese

Editor's take note: This tale consists of graphic details of sexual abuse.The Catholic Diocese of Peoria is when yet again going through scrutiny for the history of sexual...

Read more

Tens of thousands assemble in Israel to protest Netanyahu’s controversial judicial method reforms

by souhaib
June 4, 2023
0
Tens of thousands assemble in Israel to protest Netanyahu’s controversial judicial method reforms

Tens of 1000's of Israelis collected on Saturday to protest judicial overhaul designs by Primary Minister Benjamin Netanyahu's ruling coalition, the most really hard-line in Israel's record.The weekly...

Read more
Next Post
What will it be like to cross to the US by land from Mexico and Canada after the opening of their borders?  |  Video

What will it be like to cross to the US by land from Mexico and Canada after the opening of their borders? | Video

No Result
View All Result

Recent Posts

  • Credit card debt ceiling deal reveals the impotence of Donald Trump’s MAGA movement
  • OPEC+ meets to debate creation quotas, new cut
  • Ackman, Buffett, Clinton, Perot on Jamie Dimon’s Political Prospective
  • Report facts sexual abuse claims from Peoria Catholic Diocese
  • Tens of thousands assemble in Israel to protest Netanyahu’s controversial judicial method reforms

Browse by Category

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Entertainment
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Politics
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Categories

  • Australia
  • Automotive
  • Business
  • Celebrity
  • Cryptocurrency
  • Deals
  • Economie
  • Education
  • Entertainment
  • Euro
  • Forex
  • Gaming
  • Health
  • Life Style
  • NBA
  • News
  • Politics
  • Reviews
  • Sports
  • Switzerland
  • Trending
  • U.S.
  • Uncategorized

Pages

  • Contact US
  • Newsletter
  • Privacy Policy
  • Terms & Conditions

© 2021 - TrendsWide

No Result
View All Result
  • Home
  • Contact US
  • Privacy Policy
  • Trending
  • U.S.
  • Economie
  • Deals
  • Reviews
  • Cryptocurrency
  • Health
  • Life Style
  • NBA

© 2021 - TrendsWide