The combination of supply chain backlogs and rising costs are impacting business operations around the globe. In fact, global shipping costs are as much as 4.75 times higher than they were pre-pandemic – accounting for as much as 30-40% of global inflation. It is also noted that supply chain disruptions have caused up to 50% of the inflation across Asia Pacific. How did we get here?
Cushman & Wakefield Research has identified a few key constraints and costs that account for supply chain inflation in Asia Pacific. Explore our infographic to learn more.
