I'm not sure why this is being downvoted, its a valid comment.
Any stretched out supply chain for critical path items is at risk in any disruptive event. Globalization of your supply chain is fantastic at making stuff cheaper - but not at making the supply more durable.
Well the problem is that the critical equipment was not stockpiled... even if we could manufacture that we’d still have the problem of doing it quickly as the current ventilator shortage is showing. In fact one of the reasons things are made in China is not just that it’s cheap, but they have a large human workforce that can be adapted to quickly make or assemble all sorts of low complexity items.
> In fact one of the reasons things are made in China is not just that it’s cheap, but they have a large human workforce that can be adapted to quickly make or assemble all sorts of low complexity items.
This could be a chance to build new business models to help people retrain.
Any stretched out supply chain for critical path items is at risk in any disruptive event. Globalization of your supply chain is fantastic at making stuff cheaper - but not at making the supply more durable.
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