Episode Details
Back to EpisodesGuest: Jim Yarbrough of BSI on supply chain risks; The labor shortage hits supply chains hard; Lots of M&A action in rail
Description
In this episode, guest Jim Yarbrough, global intelligence program manager at BSI, shares the major supply chain risks from around the world. BSI recently released its Supply Chain Risks Insights 2021 report. It analyzes and assesses risks to countries and businesses globally. These include product theft, fraud, labor exploitation, and political and regulatory changes. He also shares how to make supply chains more resilient in light of these threats.
As the world emerges from the Covid-19 pandemic, economic growth brings more demand for goods and services. This means more labor is needed at a time when labor is in short supply. Supply chains have been particularly hard hit in finding workers to drive trucks and work in warehouses.
There continues to be further consolidation in the rail sector. While two large Canadian competitors fight over who gets to buy Kansas City Southern Railway, other rail mergers and acquisitions continue to change the landscape of rail in North America.
Articles and resources mentioned in this episode:
- BSI
- BSI's Supply Chain Risk Insights 2021 report
- Labor shortage hits supply chain hard
- CSX buys bulk tank trucking fleet to build intermodal muscle
- CN offers $337 billion to one-up rival's bid for Kansas City Southern Railway
- DC VELOCITY's Covid-19 coverage
- Visit DCVelocity.com for the latest news.
- Send feedback about this podcast to podcast@dcvelocity.com.
Podcast sponsored by Softeon
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