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Feb 23, 2020
7:41:41pm
CrimWalCoug All-American in practice
My Global Sourcing team has had phone calls with 100+ factories in the last week. It ain’t looking good.
Most factories only have a small portion of workers. Of those factories that do have workers output is very low. We have a factory that sends us 100 containers a month, and they’re only at 20% capacity.

Even if you have finished goods ready to be shipped out many times there are no truck drivers. And if product does manage to get shipped out there is a shortage of workers at the port.

If the Chinese report positive GDP growth in 2020, we’ll know they are lying.
CrimWalCoug
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CrimWalCoug
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Apr 7, 2016
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Apr 27, 2024
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2/23/20 7:05pm

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