As a trade association consisting of manufacturers, distributors, retailers and other organizations involved with the specialty auto parts and accessories sector, the Specialty Equipment Market Association (SEMA) pays close attention to supply chain trends that impact the automotive manufacturing sectors.
From semiconductor chip shortages to logistics snarls to rising freight costs, most of the challenges facing SEMA members right now are also impacting the broader market. Add port congestion, the Omicron variant and the persistent labor shortage to that list, and you wind up with a “perfect storm” of supply chain issues that emerged in 2020, escalated in 2021 and then carried right into 2022.
