How to Fix Broken Supply Chains | Dustin Burke | TED

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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[@apidas]

this guy is very well spoken. absolute professional

[@LisaOwen-2024]

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.

[@AkshayKumar-jm4qd]

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

[@ابراهيمالرفاعي-ه9ت]

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.

[@somgears1589]

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.

[@atenas80525]

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

[@spanishrose213]

Very informative and easy to understand. Thank you

[@neha2909]

Vedant.20 insta

[@toni4729]

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

[@krishagarwal1844]

what a great speaker really captivating

[@MohsenSabaan]

Thank you.

[@noelnakka1056]

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

[@chrismalingshu]

Excellent presentation indeed..

[@chapinero017]

Work in community and prosperity will come.

[@GaasubaMeskhenet]

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!

[@kilokilo14]

Wtf are you talking about?

[@GaasubaMeskhenet]

@kilokilo14 degrowth

[@nordoonAI]

Very well explained, thank you!

[@steverocksyo]

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]

How about nothing should have been shut down ?

[@steverocksyo]

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

[@hahahia999]

@@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]

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

[@dayanakamilia8609]

Understandable, Thank you for your explanation ❤

[@haiderrizvi4739]

Please Recommend the latest book on supply chain management.

[@musabala5268]

Great video!

[@GaasubaMeskhenet]

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!!

[@joysuryadutta2306]

Outstanding

[@vvarun-vi6yx]

Insightful

[@deepakarya7929]

Thanks 🙏

[@parlavoextrafastlearning2251]

Thank you for this information

[@marlonpatino7677]

Pretty good talk. Liked a lot Dustin.

[@aksharmaharaj364]

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?

[@xxyy3377]

Very insightful!

[@aarieffawwaz7984]

great video

[@atenas80525]

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]

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.

[@maxwelldillon4805]

You didn't do the outro music :(

[@alexanderstewart594]

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

[@1goldinga]

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

[@jamesleach7531]

Dustin nice presentation-Jim

[@Turb0Man14]

Jim well said-Josiah

[@HaniaGamer]

Josiah facts- Nolan

[@nilespeterclemens8328]

@@HaniaGamer Good point- Harold

[@atenas80525]

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

[@toddhensley880]

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

[@sandorkun777]

❤❤

[@jenithmehta9603]

Basically, have a back up!

[@1goldinga]

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.

[@AKUJU]

Russia is listening 👀

[@rorydart]

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

[@apexpredator1018]

Answer: AUTOMATION

[@toni4729]

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

[@brinaladell2393]

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. ❤

[@Kongolox]

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

[@antoniomunoz9065]

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

[@apexpredator1018]

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

[@bluebabboon]

How would you know who your supplier's suppliers are? They will not share that data with us because its proprietary. You do not have direct authority over them and you can demand it through your supplier, because its his business and he will not share that information with you. This is illogical.

[@shawnhawkins6196]

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

[@KhanSohailTareen]

I dis agrees with this solution

[@adecakasio6482]

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.

[@RoelCandaeleARTISTSPAGE]

😘💓

[@mountainpup1972]

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

[@LisaOwen-2024]

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.

[@deepakarya7929]

Thanks 🙏