SEKO Logistics Chief Growth Officer Brian Bourke on supply chain

The video discusses the impact of COVID-19 on the supply chain, highlighting the shift from services to goods and the resulting surge in demand. It addresses challenges in transportation and storage, such as trucker shortages and warehouse limitations. Potential solutions, including government actions like creating truck-dedicated streets and finding space for empty containers, are explored. The interconnected nature of the global supply chain is emphasized, with examples like the Suez Canal blockage illustrating its vulnerabilities.

What was one of the main drivers for the surge in demand for goods during the pandemic?

• Decrease in disposable income

• Rise in e-commerce

• Shift from goods to services

• Increased travel opportunities

What analogy is used to describe the current state of the global supply chain?

• A well-oiled machine

• A train on a steady track

• A car speeding down the highway

• A ship sailing smoothly

What recent measure was announced to help alleviate supply chain pressure?

• More vacation days for workers

• Dedicated truck lanes

• Increased air freight

• 24/7 port operations

How did the Suez Canal blockage affect the global supply chain?

• It improved shipping efficiency

• It only affected local shipping routes

• It had no significant impact

• It caused a ripple effect on global shipping

What is a major challenge currently facing the global supply chain?

• Excessive warehouse space

• Abundance of truck drivers

• Weak links in the supply chain

• Overproduction of goods