Supply chain issues that have puzzled retailers and clogged US ports this year are expected to continue until 2022 due to the prolonged impact of the COVID-19 Delta variant. This means shoppers face the potential delay of retailers replenishing everything from video games to clothing, especially during the upcoming holiday season.
“I jokingly tell people.” Order Christmas gifts now. Otherwise, on Christmas day, you may have pictures of things that won’t come until February or March, “giant. According to Scott Price, President of International Transportation at UPS. I told AFP Communications.
Some consumers have already purchased holiday gifts. According to a new CreditCards.com survey, more than one in four holiday shoppers will start by the end of this month, and more than half will start before Halloween.
According to a survey, nearly two-thirds of holiday shoppers plan to buy online. CreditCards.com senior industry analyst Ted Rothman told CBS MoneyWatch that this is less than last year, but a sign of stronger consumer demand than it was in the pre-pandemic era.
The shortage of semiconductors ruined the industry from automobiles to consumer electronics earlier this year. The shortage of raw materials such as wood has delayed the home renovation and construction industry. However, less publicized industries such as clothing and toys may not be able to get supplies early enough in stores during the expected holiday season, Rothman said. ..
“It’s a good idea to start early,” Rothman told CBS Money Watch. “And if you want to find what you want and get it for one of your friends and family, it’s probably good to jump on it.”
Part of the problem is that UPS prices have told AFP that low vaccination rates in countries that supply raw materials and parts will close ports when the proportion of COVID-19 is high, causing shipments. Will continue to be delayed. When these cargoes arrive at US ports, they may wait for unloading in the labor shortage here.
Experts say retailers are preparing for the inevitable pile.
“Retailers were keenly aware of shipping bottlenecks and placed holiday orders amid continued strong consumer demand,” Coresight Research CEO Deborah Weinswig wrote in a blog this week. “Given the recent unexpected port closures, they are faced with concerns that the items they ordered will not arrive in time for the vacation shelves.”
A wide range of retailers, from Best Buy to Nordstrom, anticipate some stress on their recent earnings calls compiled by the trade magazine Retail Dive Show. According to various phone records, many are arranging more transportation, smoother logistics, and faster delivery in preparation for the end of the year. At Wal-Mart and Target, open positions include more supply chain associates.
“It can be different from company to company, from industry to industry, and even from store to store,” Rothman said. “Sometimes-and we saw this during the new semester shopping-there are stores that are perfectly selected, and a few miles away they were really well stocked. I think that’s why you start early. Take a moment. Don’t be surprised by this. “
“Order Christmas gifts now,” says the UPS chief in a supply chain drug.
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