Yet some industries are swimming in parts due to the number of parts warehouses ordered thinking they could sell them, and now they have literal tons of parts they can't sell.
In the bike industry for example, stores were ordering more bikes than they could sell, thinking they would get some of what was left. It got so bad that at least one manufacturer started charging dealers at the time of the order and another one started limiting orders (while they didn't have stock) and charging fees if the dealer ordered more than what they sold, on average, the years before the pandemic. Yet still many of the vendors are stuck with many thousands of bikes in their inventory as their contract manufacturers ramp up delivery, and dealers are declining delivery of stock they deliberately over ordered.
There has been talk of some companies having to have fire sales to clear out warehouses, or returning unsold stock to manufacturers, and/or stalling manufacturing completely. It's a mess for some bike companies. Yet too, there are some parts that are still limited. It's got to be tough for the industry, but I'm sure they will be fine. Many brands hiked their retail prices, and their prices to their dealer networks, and cut or eliminated warranty reimbursements. Hoovering up as much money as they can. *shrug*