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Supply chains are incredibly complex. Even if a supplier is based in the U.S., they might be reselling Chinese-made goods. When tariffs hit or restrictions are
by whazor 1y ago
Supply chains are incredibly complex. Even if a supplier is based in the U.S., they might be reselling Chinese-made goods. When tariffs hit or restrictions are imposed, those suppliers may simply stop selling the affected products. That can leave entire factories unable to operate due to missing components, which often take months to redesign or source alternatives for.
In theory, real-time trading systems could reduce the impact of such disruptions. But in practice, global logistics still runs on Excel sheets, emailed quotes, phone calls, and months-long shipping cycles.
- akudha 1y agoIf I were a medium to large business (I suppose small businesses will get screwed anyways, they wouldn't have the resources to handle challenges like this) how would I even prepare for such scenarios? Even if we assume I am somehow smart enough to predict something like this a full two years in advance. My employer is doing disaster recovery plans for data/software etc, which seems a million times easier than planning for alternative suppliers etc for manufacturers of physical goods