Snarled Supply Chains Stretch Wait Times for Top Bicycle Maker
- Shortages may not start to ease until later this year
- Giant is looking to diversify where it produces bikes
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Giant Manufacturing Co. is waiting as long as two years for bicycle parts as unprecedented disruptions and lockdowns roil the global supply chain, putting one of the world’s biggest bike makers at risk of missing out on a demand boom.
“It is a hell of job,” Chairperson Bonnie Tu said in an interview at Giant’s Taichung City headquarters in Taiwan. Some bicycle parts have a lead time of two years and even simple components can take six months, she said. That compares with a normal wait time of one-to-two months.