How to Fix Broken Supply Chains | Dustin Burke | TED

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  • เผยแพร่เมื่อ 2 ต.ค. 2024
  • 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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ความคิดเห็น • 64

  • @GaasubaMeskhenet
    @GaasubaMeskhenet 2 ปีที่แล้ว +16

    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!

  • @apidas
    @apidas 2 ปีที่แล้ว +33

    this guy is very well spoken. absolute professional

  • @somgears1589
    @somgears1589 2 ปีที่แล้ว +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.

  • @GaasubaMeskhenet
    @GaasubaMeskhenet 2 ปีที่แล้ว +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!!

  • @spanishrose213
    @spanishrose213 2 ปีที่แล้ว +16

    Very informative and easy to understand. Thank you

    • @neha2909
      @neha2909 2 ปีที่แล้ว

      Vedant.20 insta

  • @alexanderstewart594
    @alexanderstewart594 2 ปีที่แล้ว +3

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

  • @steverocksyo
    @steverocksyo 2 ปีที่แล้ว +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 2 ปีที่แล้ว

      How about nothing should have been shut down ?

    • @steverocksyo
      @steverocksyo 2 ปีที่แล้ว

      @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 ปีที่แล้ว

      @@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.

  • @DS-pe8tt
    @DS-pe8tt 2 ปีที่แล้ว +4

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

  • @chapinero017
    @chapinero017 2 ปีที่แล้ว +5

    Work in community and prosperity will come.

  • @1goldinga
    @1goldinga 2 ปีที่แล้ว +2

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

  • @rorydart
    @rorydart ปีที่แล้ว +2

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

  • @toni4729
    @toni4729 2 ปีที่แล้ว +4

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

  • @AkshayKumar-jm4qd
    @AkshayKumar-jm4qd 9 หลายเดือนก่อน +2

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

  • @6YoungAngel9
    @6YoungAngel9 29 วันที่ผ่านมา

    You have to know who your supplier's suppliers are,
    where those supplier’s suppliers get their raw materials,
    who else is buying from those suppliers,
    and who else is competing for those raw materials.
    Often what looks like several unrelated product lines
    can be traced back to a single source.
    **Noted**

  • @AKUJU
    @AKUJU 2 ปีที่แล้ว +3

    Russia is listening 👀

  • @atenas80525
    @atenas80525 2 ปีที่แล้ว +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

  • @toddhensley880
    @toddhensley880 2 ปีที่แล้ว +5

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

  • @antoniomunoz9065
    @antoniomunoz9065 2 ปีที่แล้ว +2

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

    • @apexpredator1018
      @apexpredator1018 2 ปีที่แล้ว +1

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

  • @MohsenSabaan
    @MohsenSabaan 2 ปีที่แล้ว +3

    Thank you.

  • @atenas80525
    @atenas80525 2 ปีที่แล้ว +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 5 หลายเดือนก่อน +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.

  • @aksharmaharaj364
    @aksharmaharaj364 5 หลายเดือนก่อน

    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?

  • @mountainpup1972
    @mountainpup1972 5 หลายเดือนก่อน

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

  • @LisaOwen-2024
    @LisaOwen-2024 หลายเดือนก่อน

    Pooling risks in this way is not only a brilliant suggestion for maintaining supply chain agility while building resilience, but is on point towards achieving greater sustainability in operations in a way that also supports a healthier bottom line. Very insightful presentation indeed.

  • @LisaOwen-2024
    @LisaOwen-2024 หลายเดือนก่อน

    Pooling risks in this way is not only a brilliant suggestion for maintaining supply chain agility while building resilience, but is on point towards achieving greater sustainability in operations in a way that also supports a healthier bottom line. Very insightful presentation indeed.

  • @ابراهيمالرفاعي-ه9ت
    @ابراهيمالرفاعي-ه9ت 2 หลายเดือนก่อน

    Sharing risks, this is how to build a resilience supply chain for a whole industry.
    This point of view indicated Mr. Dustin's depth thinking about the supply networks.

  • @1goldinga
    @1goldinga 2 ปีที่แล้ว

    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.

  • @chrismalingshu
    @chrismalingshu ปีที่แล้ว +2

    Excellent presentation indeed..

  • @noelnakka1056
    @noelnakka1056 5 หลายเดือนก่อน

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

  • @Kongolox
    @Kongolox 2 ปีที่แล้ว

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

  • @shawnhawkins6196
    @shawnhawkins6196 2 ปีที่แล้ว

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

  • @toni4729
    @toni4729 2 ปีที่แล้ว

    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 2 ปีที่แล้ว

    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. ❤

  • @krishagarwal1844
    @krishagarwal1844 ปีที่แล้ว +1

    what a great speaker really captivating

  • @dayanakamilia8609
    @dayanakamilia8609 5 หลายเดือนก่อน

    Understandable, Thank you for your explanation ❤

  • @atenas80525
    @atenas80525 2 ปีที่แล้ว

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

  • @KhanSohailTareen
    @KhanSohailTareen ปีที่แล้ว

    I dis agrees with this solution

  • @maxwelldillon4805
    @maxwelldillon4805 2 ปีที่แล้ว

    You didn't do the outro music :(

  • @adecakasio6482
    @adecakasio6482 2 ปีที่แล้ว +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.

  • @jenithmehta9603
    @jenithmehta9603 2 ปีที่แล้ว

    Basically, have a back up!

  • @musabala5268
    @musabala5268 หลายเดือนก่อน

    Great video!

  • @marlonpatino7677
    @marlonpatino7677 ปีที่แล้ว

    Pretty good talk. Liked a lot Dustin.

  • @apexpredator1018
    @apexpredator1018 2 ปีที่แล้ว

    Answer: AUTOMATION

  • @vvarun-vi6yx
    @vvarun-vi6yx 9 หลายเดือนก่อน

    Insightful

  • @parlavoextrafastlearning2251
    @parlavoextrafastlearning2251 2 ปีที่แล้ว

    Thank you for this information

  • @joysuryadutta2306
    @joysuryadutta2306 ปีที่แล้ว

    Outstanding

  • @xxyy3377
    @xxyy3377 2 ปีที่แล้ว

    Very insightful!

  • @aarieffawwaz7984
    @aarieffawwaz7984 2 ปีที่แล้ว

    great video

  • @deepakarya7929
    @deepakarya7929 2 ปีที่แล้ว

    Thanks 🙏

  • @RoelCandaeleARTISTSPAGE
    @RoelCandaeleARTISTSPAGE 2 ปีที่แล้ว

    😘💓

  • @jamesleach7531
    @jamesleach7531 2 ปีที่แล้ว +2

    Dustin nice presentation-Jim

  • @deepakarya7929
    @deepakarya7929 2 ปีที่แล้ว

    Thanks 🙏