“We’re still in a bit of a crisis mode from a supply chain perspective,” said consultant Brian Ehrig, a partner in Kearney’s consumer practice. “There’s a tremendous amount of goods that are on the water in transit.”
Last fall, COVID-19 backups and dislocations made it hard for many retailers to get goods into their stores, whether they were stuck waiting for a cargo ship to dock or locked up in a factory that temporarily shut its doors. Not wanting to miss out again, retailers ordered heavily — too heavily.“We’re still in a bit of a crisis mode from a
perspective,” said consultant Brian Ehrig, a partner in Kearney’s consumer practice. “There’s a tremendous amount of goods that are on the water in transit. Now we’re starting to see retailers reporting problems with inventory levels.”