Delivery times, delivery bottlenecks & cost increases

The coro­n­avirus pan­demic has already posed immense chal­lenges for well-​established sup­ply chains. What has held up quite well so far is now under enor­mous pres­sure. For some time now, we have been observ­ing the emer­gence of enor­mous bot­tle­necks in raw mate­ri­als such as plas­tic and metal. The icing on the cake was the cargo ship that ran aground in the Suez Canal, one of the most impor­tant ship­ping routes between Asia and Europe. All these fac­tors are already lead­ing to dras­tic cost increases in the double-​digit per­cent­age range for many prod­ucts, as well as longer deliv­ery times. 

The coro­n­avirus pan­demic has already posed immense chal­lenges for well-​established sup­ply chains. What has held up quite well so far is now under enor­mous pres­sure. For some time now, we have been observ­ing the emer­gence of enor­mous bot­tle­necks in raw mate­ri­als such as plas­tic and metal. The icing on the cake was the cargo ship that ran aground in the Suez Canal, one of the most impor­tant ship­ping routes between Asia and Europe. All these fac­tors are already lead­ing to dras­tic cost increases in the double-​digit per­cent­age range for many prod­ucts, as well as longer deliv­ery times.