Perfect Storm

While consumers will undoubtedly feel the pain, the most significant repercussions will be felt upstream by suppliers, who are already operating on thin margins due to rising costs and high interest rates.

The recent economic landscape has been a rollercoaster, with interest rates soaring and inflation fluctuating.

Large buyers have been pressuring suppliers, dragging down smaller, private firms’ operational efficiency, according to RapidRatings analysis. ‍

Take a look at some of the events that have upended supply chains over the last few years.