The adage, “You don’t know what you’ve got until it’s gone,” never seemed more appropriate than when COVID-related supply chain challenges hit the United States. Household staples, once an afterthought, were in short supply; none more notable than toilet paper, which became a coveted commodity.
While some manufacturers could quickly ramp up production to meet increased demand, industries with more complex supply chains continue to face inventory shortages. The automotive industry is a prime example.