Remove Consumer Demands Remove Influencing Remove Supply Chain
article thumbnail

How 2011 Prepared Us for Today

ivalua

But few remember the stress the 2011 event placed on global supply chains. . The interdependence of the global supply chain guaranteed the effects would extend far beyond the Japanese economy. . Thankfully, by 2011 the global supply chain had an arsenal of weapons to help combat the economic aftershocks of the disaster.

article thumbnail

Government Contracts Inflation Update

Procurement Notes

Further, higher labor costs also support higher consumer demand. Consequently, higher labor costs can also create inflationary pressure at the consumer level. This impacts the lending rates that banks can give businesses and consumers, which impacts the amount of the money available to buy stuff. [51]