“When will it end?” It’s a question we hear on every call, from brand owners large and small, around the globe. Supply chains are capacity-constrained and prices keep going up because people are spending on stuff vs. experiences. The pressure is turning board meetings upside-down, related to material availability, freight costs, labor scarcity, container shortages, and more. The operational impact? Pick a headache: skyrocketing shipping costs ($20,000 for a 40’ container? Yep, it’s happening…), missed delivery schedules, tied-up working capital, heated customer service calls and more. Fasten your seatbelt, we’re in for a long, bumpy ride. Many believe this is what the new normal will look like well into 2023.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the
