Business Insights
  • Home
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Videos
  • Economy
  • Tech
  • Contact

Archives

  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • August 2023
  • January 2023
  • December 2021
  • July 2021
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

  • Business
  • Economy
  • Finance Expert
  • Invest News
  • Investing
  • Tech
  • Trading
  • Uncategorized
  • Videos
Subscribe
Money Heat
Business Insights
  • Home
  • Finance Expert
  • Business
  • Invest News
  • Investing
  • Trading
  • Videos
  • Economy
  • Tech
  • Contact
Proof That the Supply Chain Crisis Affects Everyone
  • Invest News

Proof That the Supply Chain Crisis Affects Everyone

  • December 12, 2021
  • wpadmin
Total
0
Shares
0
0
0
Total
0
Shares
Share 0
Tweet 0
Pin it 0

This post may contain affiliate links. Click here to read my full disclosure.

If you’re one of those people who avoids the news like the plague, you may not have heard about the global supply chain crisis. I can assure you that it has impacted every single one of us. You might be wondering, “What does the supply chain even mean?” I am going to share below how companies are sneaking in extra fees to you, the consumer, without you even knowing it.

What is the Supply Chain?

In simple terms, the supply chain is the entire process of making and selling commercial goods, including every stage from the supply of materials and the manufacture of the goods through to their distribution and sale. It’s the making and distribution of goods including delivery of products.

Supply Chain Surcharge

I stopped in my local Sherwin-Williams to pick up a gallon of paint for my bedroom. It’s basically all I can afford to buy at a time because the paint is literally like GOLD, but it’s worth it! The paint was on sale for $10 off, but it still cost me $70 for one gallon. 

I am painting my entire house myself, so buying one gallon at a time and spreading the project out works for me. I’ve used paint from Lowe’s, and it just isn’t the same (even the Sherwin-Williams branded paint from Lowe’s). SW paint is thick and creamy, and it is wipeable and matte. With Sherwin-Williams paints, you don’t have to deal with drips from the roller while moving around the room.

I looked down at my receipt as I was walking out the door of my local Sherwin-Williams store, and I noticed a 4% supply chain surcharge. Folks, this is basically an extra tax on top of the sales tax we are already paying!!! 

Sherwin Williams Supply Chain Surcharge

This doesn’t just affect consumers. I wonder how many contractors check their receipts? How many contractors have bid on jobs without realizing that they have an additional 4% fee to account for in their expenses?

Other Supply Chain Issues to Consider

Supply Chain Shipments – Lost at Sea?

I ordered spirit wear for my son’s football season – clothing for my family to wear to his games as my husband and I both coached his 10u football team. We ordered through our school’s spirit shop, and I thought we would be supporting a local business.

Turns out, our items took two months to print and ship, and the season was almost over before we received them. We joked that they were “stuck on a ship somewhere in the ocean”, but it’s very frustrating, to say the least.

Consider where your goods are coming from and buy American-made products. Take it a step further and buy from a local business in your hometown or state. 

Towards the end of the season, before I received my order, we found a local business who created a shirt for me to wear to my son’s games. 

I've Got Your Six Football Shirt Gulf Breeze Dolphins

Vox put out a really great article detailing how ships are stuck at the dock, slowing down distribution. 

Labor Shortages

It’s safe to say that every single industry is short staffed. When President Biden started handing out money like candy to unemployed, it kept people from wanting to seek employment.

Companies raised their minimum wages, and my own 16 year old daughter was able to find work at Dairy Queen earning $14 per hour. 

Unfortunately, to offset the impact of paying employees higher wages, we consumers have to pay $9.50 for a single cheeseburger meal at a fast food restaurant. 

Delivery companies can’t find enough truck drivers to deliver goods. I ordered something from Amazon, and it just stopped tracking in Houston, Texas. I’m 99% certain that someone stole my dang package.

This is our new normal. Nothing is changing anytime soon. So what’s the best recourse?

Shop Local

Keep your money in your community if possible. Of course there are some items I still order online, but this year I am intentionally looking for more gifts from Florida-based businesses, specifically, those in my town of Gulf Breeze. 

If the lockdown taught me anything, it was that we need to get out more and experience more, and what better way to do that than to buy gift certificates for fishing excursions or boat rentals from my buddy Kirk at Keysailing?

I’m looking at handcrafted soaps, made here in Gulf Breeze by local artists, sold at Pizzaz.

My girlfriend Jen at Jen’s Designer Deals started hosting Botox® parties where guests can shop her boutique and sip a glass of wine while they wait to see the doctor for Botox® or Dysport® injections. She partnered with Emerald Coast Med Spa, and these parties have been a great way to keep business strong in the midst of the pandemic.

Your Vote Matters

I don’t want to get too political, but I will say this. Your vote matters. When you’re paying increased prices at the gas pumps or paying a “surcharge” for supply chain or labor shortage or whatever they want to label it, remember that who we have leading our States and our Country directly affects us. 

Florida is thriving while most of the rest of the Country is struggling. There’s a huge difference in leadership, and it shows.

The supply chain crisis is a direct result of lack of leadership and response to the pandemic from our current President. Notice I didn’t say it’s the pandemic’s fault, because it’s not.

 

Melissa Blevins Profile Photo

Life is a collection of memories and experiences. There are ups and downs. I am so grateful for God’s grace and am on the journey to a renewed spirit, free of perfectionism. Perfection Hangover offers the sober truth – no filter.

Source link

Total
0
Shares
Share 0
Tweet 0
Pin it 0
wpadmin

Previous Article
Personal Banker Job Description – What Does a Relationship Banker Do?
  • Invest News

Personal Banker Job Description – What Does a Relationship Banker Do?

  • July 20, 2021
  • wpadmin
Read More
Next Article
Budgeting Your Money: The Sober Truth
  • Invest News

Budgeting Your Money: The Sober Truth

  • January 17, 2023
  • wpadmin
Read More
You May Also Like
The Force Is Strong Here: Epic May the Fourth Events Across the Country
Read More
  • Invest News

The Force Is Strong Here: Epic May the Fourth Events Across the Country

  • wpadmin
  • May 2, 2025
6 Reasons Your Golden Years Might Not Be So Golden After All
Read More
  • Invest News

6 Reasons Your Golden Years Might Not Be So Golden After All

  • wpadmin
  • April 30, 2025
How to give to charity without spending any money yourself
Read More
  • Invest News

How to give to charity without spending any money yourself

  • wpadmin
  • April 26, 2025
Who Feels Great About Their Finances Today?
Read More
  • Invest News

Who Feels Great About Their Finances Today?

  • wpadmin
  • April 24, 2025
100+ Side Hustle Ideas to Make Money On The Side in 2025
Read More
  • Invest News

100+ Side Hustle Ideas to Make Money On The Side in 2025

  • wpadmin
  • April 23, 2025
6 Retailers That Are Going Out Of Business Because of Shein and Temu
Read More
  • Invest News

6 Retailers That Are Going Out Of Business Because of Shein and Temu

  • wpadmin
  • April 20, 2025
How to Make money blogging
Read More
  • Invest News

How to Make money blogging

  • wpadmin
  • April 19, 2025
How to Make  Fast: 15 Easy Ways
Read More
  • Invest News

How to Make $20 Fast: 15 Easy Ways

  • wpadmin
  • April 18, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • 3 ETFs I Would ONLY Invest In As A Beginner
  • Anti Money Laundering Training Course UK – Get Professional AML CFT Training in the UK 2023
  • 10 Cash Flowing Assets For Passive Income In 2022
  • Investing Tips for Beginners
  • #1 Ethical Hacker Making Huge Money Scheme #tech

Recent Comments

  1. @JoaoVitor-v5w on 3 ETFs I Would ONLY Invest In As A Beginner
  2. @EmsLionheart on 3 ETFs I Would ONLY Invest In As A Beginner
  3. @DavidPatrickCarter on 3 ETFs I Would ONLY Invest In As A Beginner
  4. @TejaxTejax on 3 ETFs I Would ONLY Invest In As A Beginner
  5. @funlove2430 on 3 ETFs I Would ONLY Invest In As A Beginner
Featured Posts
  • 3 ETFs I Would ONLY Invest In As A Beginner 1
    3 ETFs I Would ONLY Invest In As A Beginner
    • May 9, 2025
  • Anti Money Laundering Training Course UK – Get Professional AML CFT Training in the UK 2023 2
    Anti Money Laundering Training Course UK – Get Professional AML CFT Training in the UK 2023
    • May 8, 2025
  • 10 Cash Flowing Assets For Passive Income In 2022 3
    10 Cash Flowing Assets For Passive Income In 2022
    • May 7, 2025
  • Investing Tips for Beginners 4
    Investing Tips for Beginners
    • May 6, 2025
  • #1 Ethical Hacker Making Huge Money Scheme #tech 5
    #1 Ethical Hacker Making Huge Money Scheme #tech
    • May 5, 2025
Recent Posts
  • Stocks To Invest In : Step by Step Method #financewithsharan #shorts
    Stocks To Invest In : Step by Step Method #financewithsharan #shorts
    • May 4, 2025
  • DONT start a vending machine business IF you want to get rich quick ❌
    DONT start a vending machine business IF you want to get rich quick ❌
    • May 3, 2025
  • The Force Is Strong Here: Epic May the Fourth Events Across the Country
    The Force Is Strong Here: Epic May the Fourth Events Across the Country
    • May 2, 2025
Categories
  • Business (57)
  • Economy (38)
  • Finance Expert (38)
  • Invest News (195)
  • Investing (40)
  • Tech (48)
  • Trading (30)
  • Uncategorized (1)
  • Videos (398)
Money Heat
  • Privacy Policy
  • DMCA
  • Terms of Use
Money & Invest Advices

Input your search keywords and press Enter.