The supply chain disruptions that plagued retailers during the pandemic—preventing them from keeping their stores stocked—appear to have ebbed just in time for this year's holiday season.
A combination of retailers revising their logistics strategies—moving shipping schedules up and increasing inventories—ports that have resolved container backlogs and sagging demand from shoppers who are tightening purse strings to cope with inflation will keep stores well-stocked with goods this year.
The Global Supply Chain Pressure Index, compiled by the Federal Reserve Bank of New York, approached its lowest level in two years in October. The Institute for Supply Management's supplier deliveries index is at its lowest since 2009, with 90% of respondents reporting rapid deliveries, the Wall Street Journal reported this week.
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