How to Fix Broken Supply Chains | Dustin Burke | TED

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  • čas přidán 3. 03. 2022
  • Supply chain challenges are real, but they're not new, says global trade expert Dustin Burke. In the face of disruptions ranging from natural disasters to pandemics, how do we make sure supply chains can keep up? Burke offers a combination of solutions -- from companies sharing risk to better forecasting disruptions -- to help create a more resilient, efficient tomorrow.
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  • Věda a technologie

Komentáře • 59

  • @apidas
    @apidas Před 2 lety +27

    this guy is very well spoken. absolute professional

  • @somgears1589
    @somgears1589 Před 2 lety +11

    If you consider the supply chain, the costs go up steeply. Large companies may be able to lay out multiple supply chains to share the risk, smaller companies simply don't have that ability.

  • @toni4729
    @toni4729 Před 2 lety +4

    It happened everywhere, Australia too. One only per person in the supermarket. It still ran out.

  • @MohsenSabaan
    @MohsenSabaan Před 2 lety +3

    Thank you.

  • @chrismalingshu
    @chrismalingshu Před rokem +2

    Excellent presentation indeed..

  • @spanishrose213
    @spanishrose213 Před 2 lety +16

    Very informative and easy to understand. Thank you

  • @AkshayKumar-jm4qd
    @AkshayKumar-jm4qd Před 6 měsíci +1

    It is very important to learn from these experts how they share the knowledge about the experience in Logistics and Supply chain.

  • @parlavoextrafastlearning2251

    Thank you for this information

  • @krishagarwal1844
    @krishagarwal1844 Před rokem

    what a great speaker really captivating

  • @dayanakamilia8609
    @dayanakamilia8609 Před 2 měsíci

    Understandable, Thank you for your explanation ❤

  • @xxyy3377
    @xxyy3377 Před 2 lety

    Very insightful!

  • @chapinero017
    @chapinero017 Před 2 lety +5

    Work in community and prosperity will come.

  • @deepakarya7929
    @deepakarya7929 Před 2 lety

    Thanks 🙏

  • @noelnakka1056
    @noelnakka1056 Před 2 měsíci

    Quite commendable piece of advice on supply chain management. Really its an honour to hear from these experience people

  • @joysuryadutta2306
    @joysuryadutta2306 Před 9 měsíci

    Outstanding

  • @marlonpatino7677
    @marlonpatino7677 Před rokem

    Pretty good talk. Liked a lot Dustin.

  • @aarieffawwaz7984
    @aarieffawwaz7984 Před 2 lety

    great video

  • @DS-pe8tt
    @DS-pe8tt Před 2 lety +4

    Yes, please, lessons learned instead of repeating the cycle (meaning never learning from/changing behavior).

  • @vvarun-vi6yx
    @vvarun-vi6yx Před 6 měsíci

    Insightful

  • @atenas80525
    @atenas80525 Před 2 lety +1

    sharing risk - difference between insurance is that companies are competitors not neighbors, if your competitor has a supply chain disruption, that is a positive advantage for your company - which may even be survival

  • @steverocksyo
    @steverocksyo Před 2 lety +8

    When restaurants were shut down, they should have still had them prepare food or at least package them, then the government could have subsidized the cost. But instead we threw all that food away because it wasn't packaged to consumers. Same with cruise ships, they could've processed that food. You saw the lines of middle class waiting at food banks.

    • @IamReallySanta
      @IamReallySanta Před 2 lety

      How about nothing should have been shut down ?

    • @steverocksyo
      @steverocksyo Před 2 lety

      @Santa Claus yeah, we didn't even have testing for a month so you want to send people into the unknown. You first.

    • @hahahia999
      @hahahia999 Před 10 měsíci

      @@IamReallySantaapparently he didn’t know the history of the lost milk in the river,at that time the payment for the logistics and packages is unaffordable as there is too much milk in the market with much less customers.

  • @maxwelldillon4805
    @maxwelldillon4805 Před 2 lety

    You didn't do the outro music :(

  • @aksharmaharaj364
    @aksharmaharaj364 Před 2 měsíci

    This is very interesting. I've seen companies like OpenTrade doing this in Africa but because of legal disclosure policies (POPI act in South Africa), how can you view your suppliers' suppliers if they do not give consent to show who they're supplying?

  • @atenas80525
    @atenas80525 Před 2 lety +1

    QUESTION - supply chain issues now seem like a "perfect storm" similar to Great Depression - economic and ecological issues occurring at the same time - how much of this is 1 in 100 year supply issues? Don't know, just asking

    • @supplychainlogisticstv
      @supplychainlogisticstv Před 2 měsíci +1

      while both supply chain disruptions and issues are like Great Depression can have significant economic consequences, they differ in terms of scope, duration, underlying causes, and required responses. Supply chain disruptions are typically temporary and localized issues, whereas the Great Depression was a systemic crisis with far-reaching impacts.

  • @GaasubaMeskhenet
    @GaasubaMeskhenet Před 2 lety +15

    lighten the burden by letting people have the free time to do the works they find enjoyable! I want to grow food and do repairs! end forced labor! no more evictions from primary residences! let the people and the planet rest!

  • @toddhensley880
    @toddhensley880 Před 2 lety +5

    Insurance might be a bad analogy. How well would insurance companies fare if everyone got into a car crash at the same time?

  • @alexanderstewart594
    @alexanderstewart594 Před 2 lety +3

    Is this Ted from Breaking Bad? I thought that dude ran his company into the ground.

  • @jamesleach7531
    @jamesleach7531 Před 2 lety +2

    Dustin nice presentation-Jim

  • @jenithmehta9603
    @jenithmehta9603 Před rokem

    Basically, have a back up!

  • @GaasubaMeskhenet
    @GaasubaMeskhenet Před 2 lety +6

    lighten the burden by producing for need instead of profit. end forced labor. let the people and the planet rest. no more evictions from primary residences!!

  • @atenas80525
    @atenas80525 Před 2 lety

    those who don't study history are DOOMED to repeat them

  • @1goldinga
    @1goldinga Před 2 lety +2

    Simple answer. Remove idiots and lobbyists from politics. Problem solves itself.

  • @Kongolox
    @Kongolox Před 2 lety

    I think the consumers are part of the problem.. Many ppl had to throw away their toiletpapers because they bought too much of.

  • @1goldinga
    @1goldinga Před 2 lety

    Another crazy thought allow ships to dock rather than anchoring outside of ports for weeks if not months because...science. or even crazier, don't mandate an allready struggling industry.

  • @rorydart
    @rorydart Před 10 měsíci +2

    I feel like this guy is just saying things, everything is so surface level

  • @apexpredator1018
    @apexpredator1018 Před 2 lety

    Answer: AUTOMATION

  • @AKUJU
    @AKUJU Před 2 lety +3

    Russia is listening 👀

  • @KhanSohailTareen
    @KhanSohailTareen Před rokem

    I dis agrees with this solution

  • @RoelCandaeleARTISTSPAGE

    😘💓

  • @antoniomunoz9065
    @antoniomunoz9065 Před 2 lety +2

    Count less on foreign goods and focus on made in America products.

    • @apexpredator1018
      @apexpredator1018 Před 2 lety +1

      International trade is fine, but fundamental needs like ⚡, 💦 & food should be mostly localized.

  • @toni4729
    @toni4729 Před 2 lety

    Stop growing the same stuff and make sure there's enough of everything instead of just the rubbish we get the most of.

  • @brinaladell2393
    @brinaladell2393 Před 2 lety

    Jesus loves you he died on the cross for your sins. All you have to do is believe in him and you will be saved. ❤

  • @shawnhawkins6196
    @shawnhawkins6196 Před 2 lety

    How Do You Fix Broken Election?
    Stick Around For The Next Trump Talk!

  • @adecakasio6482
    @adecakasio6482 Před 2 lety +3

    its always easy to put the blame on the unavailable information. unfortunately thats almost never the reason for supply chains to fail.
    Its never about data not being available, but instead about incentives not being adjustetdwell enough to enable analysts to earnestly watch out for possible threats. From 2020 on there were thousands of warning signs and thousands of researchers and experts publishing about this topic. unfortunately many companies didnt take the warning to heart, because the prize of shifting policies was and oftentimes still is too high.
    its not a technology issue. its an issue of bad leadership and wrong incentives. again.

  • @mountainpup1972
    @mountainpup1972 Před 2 měsíci

    OMG! An a speaker be any more boring!?!

  • @deepakarya7929
    @deepakarya7929 Před 2 lety

    Thanks 🙏