As supply lines strain, some corporations rewrite production playbook

Posted on AllSides November 15th, 2021
From The Left
Noah Berger/AP

The pandemic caught Stanley Black & Decker midway through an overhaul of its 18-country supply chain.

Executives at the toolmaker’s New Britain, Conn., headquarters already had shifted most production of heavy-duty industrial products closer to customers in the United States and Europe. But efforts to do the same with Stanley’s popular hand tools were unfinished when the coronavirus pandemic began disrupting global commerce.

This year, as ports grew clogged, Stanley saw its freight bills jump by a factor of seven, endured months-long shipping delays and scrambled to obtain computer chips...

Read full story
Some content from this outlet may be limited or behind a paywall.

Washington Post

AllSides Media Bias Rating: Lean Left
AllSides Media Bias Rating: Lean Left
106280/83962
See full bias rating for Washington Post
Learn about media bias
https://www.washingtonpost.com/business/2021/11/15/supply-chains-companies-strategy/

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right