The Prof G Pod with Scott Galloway Supply Chain Woes, Self-Driving Vehicles, and Rebuilding Relationships — with Bryan Salesky
Dec 2, 2021
Bryan Salesky, the founder and CEO of Argo AI, shares insights from the self-driving vehicle industry. He discusses the significant miles his company is automating and the various barriers and opportunities within the sector. Scott emphasizes the importance of efficient supply chains for enhancing shareholder value, while Bryan highlights the urgent need for regulatory updates to keep pace with global advancements. They also touch on personal reflections about rebuilding relationships, urging listeners to reconnect during challenging times.
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Supply Chain and Shareholder Value
- Supply chain innovation drives shareholder value, exemplified by Apple and Amazon.
- Conversely, neglecting supply chain efficiency can severely impact businesses.
Evolution of Supply Chain Strategies
- In the 1990s, companies prioritized lowest-cost providers for supply chains, often leading to geographical complexity.
- This dependence on single regions caused disruptions when areas like Shenzhen, China, experienced shutdowns.
Reshoring and Automation
- Supply chain disruptions prompt companies to rethink strategies, emphasizing reshoring and automation.
- The focus shifts from lowest-cost providers to highest-value providers, using supply chain as differentiation.