Grocery shortages abound amid supply chain issues and Omicron

Yahoo Finance published this video item, entitled “Grocery shortages abound amid supply chain issues and Omicron” – below is their description.

#groceryshortages #Omicron #supplychains

IBM Global Managing Director of Consumer Industries Luq Niazi joins Yahoo Finance Live to discuss grocery supply and labor shortages primarily fueled by Omicron and the rise of hybrid shopping.

Yahoo Finance YouTube Channel

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In This Story: Omicron

The Omicron variant of Covid-19 (also known as B.1.1.529) has been declared a Variant of Concern.

The Technical Advisory Group on SARS-CoV-2 Virus Evolution (TAG-VE) is an independent group of experts that periodically monitors and evaluates the evolution of SARS-CoV-2 and assesses if specific mutations and combinations of mutations alter the behaviour of the virus. The TAG-VE was convened on 26 November 2021 to assess the SARS-CoV-2 variant: B.1.1.529 – which is known as Omicron – the group declared the variant a Variant of Concern.

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In This Story: supply chain

In commerce, a supply chain is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer.

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