AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Supply Chain Now
Supply Chain Buzz 2024 Kickoff: Red Sea Tensions, Manufacturing Contractions, and Beer Challenges
Jan 12, 2024
Discussion on Red Sea tensions and the impact on shipping routes. The manufacturing industry shows contraction based on the PMI. The rise of automation in manufacturing to address talent shortages and increase efficiency. Casual conversation about drinks and rising costs. Challenges and opportunities in the new year, including the difficulties of dropshipping and the importance of taking action.
21:03
AI Summary
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The Red Sea tensions and attacks by Houthi rebels have led to significant rate increases and longer shipping times, impacting the global supply chain.
- The manufacturing industry experienced contraction in December 2023, with decreased new orders, increased input costs, and flat employment, but growth is predicted to begin in March 2024.
Deep dives
Decreased shipping routes and increased costs in the Red Sea due to attacks
Certain ocean shipping lanes in the Red Sea have experienced significant rate increases ranging from 55% to 151% due to attacks on vessels by Houthi rebels. Shipping companies like Merris have extended the diversion of vessels from this area, resulting in longer shipping times and higher costs. The situation shows no signs of improving.
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode