Please read the following article and answer the questions completely.

  1. What is supply chain management?
  2. Why is supply chain management important to an economy?
  3. How does a “malfunction” in supply chain effect the prices of products?
  4. How could the issues covered in the article be addressed?
  5. Do you agree with the prediction that these challenges could linger for another 12 months? Why or why not?
  6. Please feel free to add your thoughts.