Why the structure of global supply chains is changing
More than two years after the pandemic, supply chains are still blocked. Delivery times remain at record levels. Baby food, tampons, and semiconductors are all in short supply. Companies are still struggling to answer a fundamental question: when will all this end? But one thing seems clear: after years of anxious speculation, the structure of global supply chains has fundamentally changed.
In this week’s podcast, hosts Soumaya Keynes, Mike Bird and Alice Fulwood go on a journey to find out what’s still causing delays and investigate the big changes that will continue long after the shelves are finally full. They are joined by Audrey Ross, Import and Export Compliance Manager at Orchard Custom Beauty and Chris Rogers, Senior Supply Chain Economist at Flexport, who talk about the factors that still impede the delivery of goods. Next, Michael Wax, co-founder of Forto, explains why digitizing the industry could help speed up shipping times. Finally, our US economics editor Charlotte Howard reveals what all of this will mean for supply chains in the future and why the old system might be over.
Runtime: 38 minutes
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