The good news for the global sourcing world in Q4 is that economies have mostly opened as vaccination levels increase and people are back on the job. On the flip side, supply chain delays and material shortages continue to hold back production and delay order delivery, while shipping costs are driving consumer prices higher.
Below are some highlights from the Q4 Retail Sourcing Report.
The climate for global sourcing heading into 2022 is optimistic with the expectation that consumers will maintain spending and supply chains should stabilize. Inflation is a concern though, especially as government stimulus winds down.
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The Sourcing Report aims to keep you ahead of the curve by providing facts, insight and analysis on issues impacting retail global sourcing.