Foley & Lardner LLP Partner Nicholas Ellis is interviewed in The Street article, “Supply Chain, Prices, and How They Will Impact Stores in 2023,” in which he discusses the impact of the pandemic on the supply chain, its present state, and the future outlook for the industry.
“Many of the current issues we are seeing in the supply chain still have their roots in the pandemic, even if they are not directly caused by the pandemic today,” Ellis said. “The primary issue for many companies has been production capacity and transportation to get their goods to the consumers.”
Ellis advised both consumers and investors to “expect the unexpected” going forward. “With the advent of the pandemic, the war in Ukraine, growing political instability, inflation, weather, and climate-related events, and many other impacts to the supply chain, we are likely to see much less stability and predictability in the supply chain for some period of time,” he added.
