![]() There are several factors that are compounded by each other," Federgruen, who chairs Columbia Business School's Decision, Risk and Operations division, told CNBC. "Extending the working hours of the ports in California by some 60 hours, and then shaving off 25% of the unloading time will not be the savior of the entire problem. "It's not just fixing the ports, that's one component in a very long supply chain," explained Awi Federgruen, a production and supply chain management expert and professor at Columbia University Business School in New York. And while round-the-clock operations at the twin California ports are expected to alleviate the backlog of container ships, it's far from solving the compounding issues impacting the global supply chain. ![]()
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