The toymakers' (supply chain) nightmare before Christmas...
The Indicator from Planet Money
NPR
4.7 • 9.5K Ratings
🗓️ 13 December 2021
⏱️ 9 minutes
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| 0:00.0 | NPR. |
| 0:03.0 | This is the indicator from Planet Money, I'm Stacey Vannick Smith. |
| 0:14.8 | The supply chain crisis has been hammering businesses and the whole US economy for months, |
| 0:20.6 | but it's especially tricky right now. |
| 0:22.7 | A lot of retailers do a huge chunk of their business over the holidays, and if a product |
| 0:27.2 | derives a few weeks or even a few days late, that can have serious consequences, especially |
| 0:33.9 | if you make toys. |
| 0:35.8 | Basic fun makes a lot of classic toys like care bears and Tonka trucks and my little |
| 0:39.8 | ponies, and they have really been feeling this crunch. |
| 0:42.9 | CEO Jay Forman says it has been all hands on deck, getting toys from factories, mostly |
| 0:47.8 | in China, to store shelves in the US, has become a major struggle. |
| 0:51.9 | It's almost like, you know, those old World War II movies where, you know, they've got |
| 0:56.0 | the battlefield plan there and they're pushing the ship, so they're pushing the tanks across |
| 1:01.0 | the battlefield to track where every one of their divisions are. |
| 1:04.1 | Like the maps. |
| 1:05.1 | With the big maps on the table. |
| 1:06.6 | Absolutely. |
| 1:07.6 | So we're kind of doing the same thing. |
| 1:09.2 | Really? |
| 1:10.2 | You guys have a war room? |
| 1:11.2 | It's, we have two war rooms. |
| 1:13.1 | Instead of the maps, we have 65-inch TV screens in the conference rooms and people have |
... |
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