Virus-Related Supply Chain Disruptions to Get Much Worse, MIT's Sheffi Warns

The transcript discusses the impact of a virus on global supply chains, comparing it to past events like SARS and the 2008 financial crisis. It highlights the complexity of modern supply chains, the bullwhip effect, and the challenges of recovery. The importance of contingency planning, cash flow management, and the effects of the trade war on supply chain strategies are also covered.

How should companies prioritize customers when facing supply shortages?

What measures can companies take to ensure continuity of operations during disruptions?

What are the implications of the trade war on supply chain management?