Supply Chain Optimism

The video discusses the pandemic's impact on global supply chains, leading to shortages and delays. It highlights recovery signs, such as the S&P Global Supply Chain Volatility Index showing improved conditions. Economic indicators reveal reduced transport costs and increased spare capacity. The video also touches on US-China trade relations and the challenges faced by Instant Pot, which filed for bankruptcy due to supply chain disruptions.

What were some of the major disruptions in supply chains caused by the pandemic?

• Surplus of essential items like toilet paper

• Shortages of computer chips and long waits for furniture

• Decrease in transport costs

• Increased availability of goods

What does the S&P Global Supply Chain Volatility Index indicate about current supply chains?

• There is no change in supply chain conditions

• Supply chains are more volatile than ever

• Supply chains have returned to some normalcy

• Supply chains are facing unprecedented challenges

How has the cost of shipping a container from China to California changed recently?

• It is now a tenth of what it was a year ago

• It remains the same

• It has doubled

• It has increased slightly

What is the nature of the trade relationship between China and the US?

• They are competitors in the global market

• They are completely independent of each other

• They have minimal trade interactions

• They are inextricably linked and rely on each other

What led to the bankruptcy of Instant Pot's parent company?

• Increased popularity and efficient supply chain management

• Decreased demand and surplus inventory

• High supply chain costs and inability to manage disruptions

• High demand and low production costs