Published April 19, 2023
“I don’t think the supply chain for the country is broken in any way, shape or form,” said David Latona, CEO and president, Tompkins Solutions. “I think the supply chain took artificial shots [drops in price points caused by people getting rid of excess inventory] from overspending and trading at an extremely high inflation rate of more than 9% that exacerbated some of the issues we were having. And of course, the labor shortage on the West Coast,” both at the ports of Los Angeles, and Seattle and Tacoma.