4.6 • 6K Ratings
🗓️ 13 September 2021
⏱️ 24 minutes
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1:05.0 | Yeah, my name is Austin Huffard. I'm the US Manufacturing Reporter for the Wall Street Journal. |
1:11.0 | Austin Huffard writes about factories and manufacturing, which means a lot of what he writes about is supply chains. |
1:18.0 | What's a supply chain? Basically, it's everything that needs to happen in a very specific sequence to turn raw materials into a finished product. |
1:28.0 | So, for instance, that phone in your pocket. |
1:31.0 | The supply chain means mining the aluminum in it, fabricating the silicon chips, transporting all these materials around to the different factories where they're assembled and combined. |
1:41.0 | It means workers, warehouses, containerships. It's a whole incredibly complex choreography in which any one step could go bad and derail the entire process. |
1:59.0 | You've talked to a lot of different supply chain professionals. What do they like? Is there like a common personality archetype? |
2:05.0 | They're like the kind of person who is always, let's just add a little bit more bit, but like when they walk into a restaurant, they're always looking at the exits to make sure something goes wrong. |
2:14.0 | They know where to go. That's like a good supply chain person. They're always preparing for the worst. |
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