The world ran out of everything in 2020. How can we fix the supply chain?
The Hustle Daily Show
Challenges and Decisions for Small Businesses in Shifting Production
This chapter delves into the challenges faced by small business owners when considering shifting production outside of China, touching on factors like tariffs, efficiency, and communication issues. It discusses the impact of the pandemic on supply chains, exploring examples of companies diversifying production locations and the complexities of moving production back to the US. The conversation also highlights the need for reevaluating labor standards, regulations, and consumer choices to improve the efficiency and resilience of the supply chain.
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