(Bloomberg) -- Supply Lines is a daily newsletter that tracks trade and supply chains disrupted by the pandemic. Sign up here.
Ikea is experiencing product shortages in the U.K. and Ireland as transport issues and the availability of raw materials compound supply problems.
Issues with shipping, raw materials, and sourcing and production have added to the impact of the Covid-19 pandemic on global supply chains, the Swedish furniture retailer said on its U.K. and Irish websites.
The company is experiencing low inventories of some goods, with about 10% unavailable, an Ikea Ireland spokesperson said by email. Higher customer demand has also added to pressure as people have spent more time at home, the spokesperson added.
The Swedish retailer said it hopes the challenges will ease in the coming weeks and months as it looks for ways to “get products back onto our shelves.”
| Read more: |
|---|
©2021 Bloomberg L.P.
Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.
