A recent study by Fictiv has revealed that the supply chain industry is struggling under the weight of tariffs, inflation, and ongoing economic uncertainty. The study found that businesses are facing increasing costs due to tariffs imposed on imported goods, especially in sectors reliant on global supply chains like manufacturing and electronics. These additional costs are compounded by logistical challenges, such as transportation delays and shortages of critical materials. The economic instability resulting from geopolitical tensions and the aftermath of
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