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The Impact of Supply Chain Disruptions on Startups and SMBs

Name: The Impact of Supply Chain Disruptions on Startups and SMBs
Uploaded: 2020-07-13T19:51:47+00:00
Duration: 1 min 36 s
Channel: Royston G King
Description: In this excerpt, the speaker reflects on the current position of an early‑stage vehicle manufacturer that is still scaling up production. Because the…

13 Jul 2020 · 2 min

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In this excerpt, the speaker reflects on the current position of an early‑stage vehicle manufacturer that is still scaling up production. Because the company is at the beginning of a ramp‑up (far below 5,000 vehicles per month), it retains significant flexibility to respond to supply‑chain disruptions. The speaker highlights how modern information technologies enable rapid systemic and cultural adaptation—allowing plans to be shipped to new factories and production to be re‑started quickly. This agility is framed as a teachable moment for the broader industry, suggesting that the current crisis should prompt a reassessment of the prevailing drive toward deep globalization in favor of more resilient, adaptable supply‑chain strategies.

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I think we're in actually a pretty good position. If we were cranking out, you know, 5,000 vehicles a month and all of a sudden had major supply chain disruptions, that would be a much bigger headache to untangle. But we're at a point now where we're really just, you know, at the very beginning of that scale ramp. And so we have a lot of adaptability as we look forward to the next steps. And I think we're, building in some of that sort of resiliency into our planning process. But, you know, again, I think when it comes to the rapidity with which we are adapting sort of systemically or as a culture, I think our information technologies are allowing us to adapt much more quickly to changes like this than they would have even 10 years ago. Yeah. And I think that's gonna be, obviously for physical hard goods, that can be tricky. But when you can ship over the plans to a new factory, get things up and running, and then there's just this real urgency around getting moving, that all to me says, and I think here we've got this, this just, you know, teachable moment for the world and for the industry as a whole to really rethink a lot of that huge push to globalization.