All supply chains were hampered during the pandemic. Supply chain management issues plagued the world, leading to food shortages, medical emergencies and many more difficulties.

As part of a challenging economic environment to close in 2022, U.S. companies, as well as ones globally, are facing rising inflation, higher costs of goods and services, and raw material shortages.

It started with earning calls. A tally of transcripts showed that utterances of “supply chain” began hitting new highs in 2020 and swelled to a 10-year peak this quarter—S&P 500 firms logged ...