Interesting Supply Chain & Employee Hiring Perspectives From FedEx

[Raptor]

https://www.breitbart.com/economy/2021/12/17/fex-ex-labor-shortage/

Source for FedEx quotes:
https://investors.fedex.com/home/default.aspx

FedEx said Thursday that it has managed to hire many more workers in recent months despite widespread reports of a national labor shortage.

One of the big benefits offered was increased flexibility. ....

"Another aspect as we've aggressively addressed this situation is in terms of the flexibility, in terms of scheduling and engaging employees, such that it's not as binary as full-time, part-time there. And that there's the scheduling flexibility helps us well in terms of navigating labor availability when and where you need it.

Bad news for anyone hoping supply chain constraints will clear up soon: FedEx does not think that is going to happen.

"The supply chain constraints we're seeing today are two-fold. One is because of the lack of supply of critical components like semiconductors and the second is because of the congestions we're seeing in the port. Now as you know, FedEx gets out traffic a few miles downstream from the port, and that supply chain is actually flowing pretty good through the United States. Of course, we are also flying over the top and delivering high-value goods from the global economy through the system," Subramaniam said. "We expect the supply chain constraints to stay for some time."

So short summary:
Labor costs are being driven higher but the jobs are being filled.

Some of the cost increases (but no all)  will be offset by eliminating inefficiencies caused by labor shortage.

If you pay people more and give them flexibility to work a schedule that works for both employer & employee that seems to deal with the labor shortage.

The supply chain issues are not going away any time soon.