Topics
00:00:01 - Introduction: COVID-19's Impact on Global Supply Chains and Shortages
00:00:21 - Considering Long-Term Solutions and Challenges for Supply Chain Restructuring
00:00:38 - How Global Supply Chains Work: The Timberland Boots Example
00:01:17 - Expert Analysis: Increasing Complexity and Vulnerability of Global Supply Chains
00:01:48 - Location Strategies: Regionalization to Minimize Supply Chain Risks and Disruptions
00:02:39 - Nearshoring: Bringing Production Closer to Customers and Reducing Asian Reliance
00:03:23 - Reshoring: Moving Manufacturing Back to Original Countries to Overcome Bottlenecks
00:04:01 - The Significant Financial Costs and Risks of Relocating Manufacturing Operations
00:04:54 - Conclusion: Weighing Long-Term Benefits of Supply Chain Overhauls for Businesses