There’s a clock that regulates supply chains, and lately it is losing time, not just by a beat, but hours and days. That throws off sales forecasts and orders, lengthens transit times, and leads to missed deliveries and a pervasive imbalance in assets, people, and goods throughout the economy.
The cost of this loss of time in supply chains is likely huge, and a major factor behind higher transportation prices that have stunned US shippers.