Video: Why are modern supply chains so needlessly complex?

 

"How do companies come up with their intricate supply chains?

"Why are some of these supply chains so convoluted where others are extremely straightforward?

"Will the severe restrictions put on international shipping during the fallout of the coronavirus make companies rethink how far they extend their supply lines?"

In a recent YouTube video, Economics Explained sets out to answer these questions - offering an insightful analysis into a topic that's been at the forefront of many of our minds thanks to the pandemic.

The video examines the complicated impacts of mergers and acquisitions, lobbying, and attempts to avoid certain taxes and minimize costs. These all add complexity to the supply chain in ways you might not expect.

Check it out above and let us know what you think in the comments. 

 

 

 

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About the author
Robert Dalheim

Robert Dalheim is an editor at the Woodworking Network. Along with publishing online news articles, he writes feature stories for the FDMC print publication. He can be reached at [email protected].