{"id":620,"date":"2022-01-25T04:01:51","date_gmt":"2022-01-25T12:01:51","guid":{"rendered":"https:\/\/blog.goticketly.com\/index.php\/2022\/01\/25\/entertainment-industry-faces-supply-chain-issues-skills-shortages-and-rising-costs\/"},"modified":"2022-01-25T04:01:51","modified_gmt":"2022-01-25T12:01:51","slug":"entertainment-industry-faces-supply-chain-issues-skills-shortages-and-rising-costs","status":"publish","type":"post","link":"https:\/\/blog.goticketly.com\/index.php\/2022\/01\/25\/entertainment-industry-faces-supply-chain-issues-skills-shortages-and-rising-costs\/","title":{"rendered":"Entertainment industry faces supply chain issues, skills shortages and rising costs"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p>The Professional Lighting and Sound Association (PLASA) and campaign group #WeMakeEvents have released results from a <a href=\"https:\/\/www.plasa.org\/wp-content\/uploads\/2022\/01\/PLASA-WeMakeEvents-Covid-recovery-survey-report-December-2021.pdf\" target=\"_blank\" rel=\"noopener\">survey<\/a>, detailing the global impact of the ongoing coronavirus pandemic on aspects such as work force and equipment.<\/p>\n<p>Around 1,948 respondents completed the survey for the trade association between November 1 and December 21 and included businesses in the UK, Poland, Australia, Germany, Slovenia, Spain, Ireland, the United Arab Emirates and the US.<\/p>\n<p>A major impact forced upon the live entertainment industry is the problem surrounding the supply chain \u2013 some 95% of manufacturers have reported component shortages. This has then produced a knock-on effect further down the chain, with 70% of non-manufacturing companies experiencing a delay in finished goods.<\/p>\n<p>Comments from respondents included: \u201cAvailability is getting worse at present, lead times are over a year in some cases. The largest price increases come from alternate source\/excess inventory sourcing where it\u2019s necessary to maintain continuity of supply.\u201d<\/p>\n<p>Other issues included skills shortages across the sector, with site crew, riggers, engineers and technicians most needed. Around 69% of companies reported these shortages. Further problems came in the form of freelancers, with 50% having not yet returned full-time to the industry.<\/p>\n<p>As a result of the skills shortage, a third of companies have had to or will need to delay work, and a further third will have to cancel work altogether.<\/p>\n<p>The financial strain has also been significant for businesses in the live entertainment industry, with 45% of respondents taking on additional debt.<\/p>\n<p>Further comments read: \u201cAround 20% of my work is now cancelled. Often with enough notice that I will lose out on payment, but near enough that I cannot replace that work. Cancellations make work in the live sector somewhat unreliable.\u201d<\/p>\n<p>Image: <a href=\"https:\/\/unsplash.com\/@brunocervera?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" target=\"_blank\" rel=\"noopener\">BRUNO EMMANUELLE<\/a> on <a href=\"https:\/\/unsplash.com\/s\/photos\/concert?utm_source=unsplash&amp;utm_medium=referral&amp;utm_content=creditCopyText\" target=\"_blank\" rel=\"noopener\">Unsplash<\/a><\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.theticketingbusiness.com\/2022\/01\/25\/entertainment-industry-faces-supply-chain-issues-skills-shortages-and-rising-costs\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] The Professional Lighting and Sound Association (PLASA) and campaign group #WeMakeEvents have released results from a survey, detailing the global impact of the ongoing coronavirus pandemic on aspects such as work force and equipment. Around 1,948 respondents completed the survey for the trade association between November 1 and December 21 and included businesses in &hellip; <\/p>\n","protected":false},"author":1,"featured_media":621,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[890,791,2,72,891,892,893,3],"tags":[],"class_list":["post-620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wemakeevents","category-concert","category-featured-news","category-live-entertainment","category-plasa","category-skills-shortages","category-supply-chain","category-ticker-featured"],"_links":{"self":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/comments?post=620"}],"version-history":[{"count":0,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/posts\/620\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media\/621"}],"wp:attachment":[{"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/media?parent=620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/categories?post=620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.goticketly.com\/index.php\/wp-json\/wp\/v2\/tags?post=620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}