Rob Handfield, professor of operations and supply chain management, says the increased volume of product the U.S. buys from China is a major reason behind the worldwide ocean container shortage.
“Ships are getting larger and larger, and slower and slower,” said Handfield. “That’s like working capital sitting on a ship. It’s not earning you money.”
Watch full interview on Supply Chain Brain.
This post was originally published on Poole Thought Leadership here.