If you've tried to purchase new furniture recently, or chlorine for a pool, or even certain makes and models of new cars, you may have been told you'll have to wait several weeks - possibly several months before the product is back in stock. Items from lumber to clothing to electronics have been difficult to find in recent months. The reason is often tied to the supply chain, which has been adversely affected throughout the pandemic, forcing consumers to wait until their new purchases arrive. Ram Ganeshan is a Professor of Operations and Information Systems Management at William & Mary School of Business. He teaches supply chain management and digital strategies courses. His research and consulting interests include supply chain management and logistics strategy. Professor Ganeshan says the shortages we see now are the results of decades-long developments in supply chains, and the pandemic simply tipped it over the edge. He joins us today to discuss supply chains, their complexity, and why the shortages are happening.
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