Why one blocked ship or factory raises prices everywhere
Process map by Brian. 11 steps, 1 layer. Tags: business, economics, shipping, inflation.
- Factory: Factory makes goods and ships them
- Shipping line: Cargo crosses the ocean on a few key routes
- Shipping line: A ship blocks a canal, or a factory shuts down
- Ports and trucks: Containers pile up in the wrong places
- Shipping line: Shipping prices jump
- Retailers: Shelves run low
- Retailers: Do shoppers still want it?
- Retailers: Raise prices and wait longer for stock
- Factory: Build backup suppliers and spare stock
- Shoppers: Prices settle as routes reopen
- Retailers: Mark down and discount