Coronavirus: End of the global supply chain?
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 22 April 2020
⏱️ 18 minutes
🧾️ Download transcript
Summary
With factories around the world shuttered during the coronavirus outbreak, we’re asking whether the world’s intricate global supply chains will come out of the pandemic intact. We’ll hear from garment factory workers in Bangladesh who are finding themselves out of work, and from David Hasanat, CEO of the Viyellatex group, which has seen its orders drying up. And David Simchi-Levi, Professor of Civil and Environmental Engineering at MIT, thinks the pandemic will lead to global supply chain restructuring, potentially meaning higher prices for consumer goods.
(Picture: A garment worker in Dhaka, Bangladesh who has been laid off following cancelled orders at her factory. Picture Credit: Salman Saeed/BBC)
Transcript
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| 0:00.0 | Hello and welcome to Business Daily from the BBC with me, Manuel Saragossa. |
| 0:07.8 | Coming up, cancelled orders and laid-off workers. |
| 0:11.4 | We'll hear what the coronavirus pandemic is doing to global supply chains. |
| 0:16.1 | I mean, if they can't pay us, how can we pay our salary to workers? |
| 0:20.8 | International buyers are abandoning their sales contracts with manufacturers in the developing world. |
| 0:26.5 | Are we seeing globalisation going into reverse? |
| 0:30.1 | Putting all your eggs in one country and one region can be extremely risky. |
| 0:35.9 | Now companies are starting to take their supply chain |
| 0:38.8 | through different type of stress tests |
| 0:42.0 | that let them understand |
| 0:43.3 | where is the hidden risk in their business. |
| 0:45.6 | That's all coming up here on Business Daily from the BBC. |
| 0:52.9 | Go get to get to go! I'm going to go! The sound of the street of Daka |
| 0:55.0 | Rha, Dhaalma, do we need. |
| 0:57.0 | We would like to tell them |
| 0:59.0 | women workers there protesting on the streets of Daka in Bangladesh |
| 1:05.0 | over the past few days. |
| 1:16.5 | We would like to tell the foreign buyers, when the coronavirus is over, give us more work so we can survive. |
| 1:17.6 | Let Allah forgive all of us and get back to work. |
| 1:20.7 | Normal work so we can live peacefully. |
| 1:31.5 | Mosamat Sharmali Begum is a garment worker in Bangladesh. |
| 1:37.1 | She makes clothes in a factory that supplies fashion companies in the developed world. |
... |
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