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Month: May 2021
May 10, 2021
COVID-19 has and continues disrupting the world economy in three distinct waves of lost labor, material scarcity, and the final potential impact of quality deterioration. Current material shortages and supply chain disturbance are the natural COVID-19 offspring. Quarantines didn’t just isolate people from one another but also the materials and equipment necessary for sustained economic prosperity. Value addition lingered in suspended animation while everyone attempted interpreting an “essential worker” definition. Shared partnership burden risks and strategic material positioning may provide relative continuity until restored standard electronic component flow.