Supply Chain ‘Continues to Deteriorate,’ Says GM CFO
COVID-19 factory disruptions are exacerbating global supply chain woes in “a very, very fluid situation,” General Motors Chief Financial Officer Paul Jacobson told an RBC virtual investor conference Friday. “The global supply chain continues to deteriorate a little bit,” and…
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
has “worsened” the semiconductor shortage, he said. “Inventories have been very, very thin all year.” Lack of global wafer fab capacity was the big challenge at 2021's start, and disruptions in Southeast Asia “back-end processing facilities” are more recent headaches, he said.