4min chapter

The Idealcast with Gene Kim by IT Revolution cover image

Exploring COVID-19 and Just-in-Time Supply Chains, Chaos Engineering, and the Soviet Centrally Planned Economy with Dr. Steve Spear

The Idealcast with Gene Kim by IT Revolution

CHAPTER

How the World Runs Out of Everything

Inventories are a huge deal for any company. Retailers want to have enough inventory on hand so that customers can buy it off the shelves. Walmart spent over four billion dollars on its retail link system, which would transmit their retail data to their suppliers. In previous episodes, we taulked extensively about the m i t beer game, which is literally about the dynamics in the supply chain. So in this episode, you will learn what supply chains are and why they're so vast and complex,. and why they's so important to society as we know it.

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