Looming skidder strike threatens energy and semiconductor chips
Media Tip Sheets
Supply chain expert Pat Penfield, of Syracuse University’s Whitman School of Management, offers thoughts on the impact of a possible port workers’ strike and what it could mean when it’s associated with the current pressure on the global commodity supply chain. Professor Penfield is available to interview for your coverage. Please see below for his comments:
“2022 will continue to be a difficult year for many global supply chains. The COVID-19 pandemic with its variants still impacts different parts of the world at different times, extreme weather events, such as snowstorms, prevent parts of the United States from producing and moving materials, Cybersecurity issues continue to disrupt supply chains while shutting down businesses. Geopolitical issues could also threaten our supply of energy and semiconductor chips. But a possible stevedore strike could have the biggest impact and hurt California’s already overwhelmed ports. This, coupled with the “whiplash effect” of overordering, will cause significant inventory issues for a number of businesses.
For more information or to arrange an interview, please contact Keith Kobland, Media Relations Manager, at [email protected] or 315.415.8095