Since the onset of the pandemic, a boom in demand has overwhelmed the global supply chain with many businesses and manufacturers struggling to keep up. The increase in demand, combined with COVID-related shutdowns, labor shortages and lack of raw materials have caused disruption in every link of the supply chain, resulting in a rippling effect of price increases in nearly every industry.
From cars to household appliances, everything we’ve come to rely upon has faced a series of shortages and disruptions over the last year and a half. The early months of the pandemic saw significant shortages and price increases in personal protective equipment as mask mandates went into effect across the country to help minimize the spread of COVID-19.
