WXYZ: Kevin Ketels on continued microchip shortage
The global microchip shortage continues to create inventory challenges for local retailers, who say many customers are growing frustrated with the ongoing problem which has impacted everything from video game controllers to household appliances. Some consumers are waiting a year for appliances. Kevin Ketels, a global supply chain management professor at Wayne State University, said the timeline sounds about right. “To be honest, we think that over the next year it should start to flatten out and we will be able to catch up on demand, but it’s hard to say,” Ketels said. He said several things are being done now to tackle the shortage, including a bill put forth by the Biden administration and investments on the part of tech companies to increase and incentivize chip production.