From the pandemic to component shortages: the causes of production slowdown in the transportation sector.
One of the biggest problems of recent times is that there are no more available trucks. Or rather, there is a shortage of semiconductors, technical components, and microchips, which is preventing the demand for industrial vehicles from being met, a demand that is concurrently increasing.
In fact, there are over 200,000 unfulfilled requests that are added to the delays accumulated in 2020 and 2021.
But what are the causes of these delays?
Behind this issue lie a series of factors, which emerged with the onset of the pandemic but persist today. Here are some of them:
However, all is not lost. A global ray of hope comes from Taiwan, the only country where production not only continues but has seen a genuine surge in recent times.
There are also companies that are finding solutions and new opportunities. McKinsey, for example, has leveraged this sense of urgency to set up a dedicated team capable of looking beyond normal chip supply chains.
Is this a path to follow? We will wait and see.