Managing Supply Chain Volatility in the Height of the Shopping Season
Elvis Duran and the Morning Show ON DEMAND
Elvis Duran Podcast Network and iHeartPodcasts
4.9 • 1.2K Ratings
🗓️ 9 December 2021
⏱️ 33 minutes
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Summary
Global supply chains have made headlines this year, with businesses in every industry and consumers all experiencing unprecedented volatility. How can companies stabilize this boundless bullwhip? In this episode of Smart Talks, Malcolm talks to Jonathan Wright, Global Managing Partner for Supply Chain Consulting at IBM, about demand forecasting and other technologies that manufacturers and vendors are using to make their supply chains more resilient. This is a paid advertisement from IBM.
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Transcript
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| 0:00.0 | Hello Hello. This is Smart Talks with IBM, a podcast from Pushkin Industries, |
| 0:11.1 | I heart radio, and IBM about what it means to look at today's most challenging |
| 0:15.5 | problems in a new way. I'm Malcolm Gladwell. For our final episode of 2021, I bring you an ode to the holiday shopping season. |
| 0:30.0 | Well, not just the holiday shopping season. |
| 0:32.0 | This episode is for all of you who waited six months or longer for your new couch to arrive, |
| 0:37.6 | and those of you still struggling to buy a car because of the chip shortage. |
| 0:47.0 | It's all about what's going on with the supply chain. And we're going to look at how the supply chain has evolved since the late 1940s and why we've seen so many |
| 0:52.3 | hiccups and interruptions over the last two years. |
| 0:57.4 | No one knows the current struggles of the supply chain better than Jonathan Wright. |
| 1:01.9 | Jonathan is the global managing partner for supply chain consulting at IBM. |
| 1:07.0 | And I think now what we're going to see is strategic supply chains, strategic relationships which are brought together through technology |
| 1:16.4 | and that that vertical integration which once was through ownership will now be through technology |
| 1:21.3 | integration. |
| 1:22.3 | Together we'll look at the evolution. now be through technology integration. |
| 1:29.2 | Together we'll look at the evolution of our modern day supply chain and explore how today's demand has created something called a bullwhip effect. |
| 1:32.8 | Jonathan and I will get in. something called a bullwhip effect. |
| 1:36.4 | Jonathan and I will get into what all of this means and the ways technology can be used to help address |
| 1:38.9 | current supply chain shortages. |
| 1:44.0 | Let's dive in. Hi Jonathan, it's a pleasure to meet you. |
| 1:52.0 | It's a big to meet you. |
| 1:59.2 | It's a big moment for me Malcolm. It's an honor and it's great to be spending some time chatting to you about supply chain. Yeah, so this we have chosen a topic that is very much of the moment. |
| 2:05.3 | I am dying for you to explain just what is going on right now. |
... |
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