Ships in Shanghai Snag Global Supply Chain

Ships in Shanghai Snag Global Supply Chain

Assessment

Interactive Video

Business

University

Hard

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The transcript discusses the ongoing global supply chain disruptions, particularly focusing on the impact of shutdowns in China and the war in Ukraine. It highlights the reduced capacity at the Shanghai port, causing significant delays in shipping to Europe and the US. The discussion also covers the challenges faced during peak retail seasons and the continuous waves of disruptions that have prevented the system from recalibrating. Inflationary pressures and increased shipping costs are also noted as ongoing issues.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are retailers and manufacturers preparing for the peak season amidst these disruptions?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the inflationary pressures mentioned in the text, and how do they relate to supply chain issues?

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