Vehicle supply shortages ‘will go into 2023’
The shortage of chips, parts and components is a major issue worldwide
11 September 2022 - 10:04
JSE-listed Bidvest, which operates in a range of industries from facilities management to motoring, hygiene and healthcare, expects global supply chain shortages — particularly in the automotive sector — to continue into next year.
“If I had to say where do I think we are most sensitive to the supply chain across the group, it would be in the automotive division (Bidvest Automotive). We are in September ... and we are not seeing any normalisation so we are definitely taking the supply disruptions into 2023,” said Bidvest CEO Mpumi Madisa after the release of results for the year to June...
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