In this episode...

Renaud and Adrian speak about the current war in Ukraine as we reach about a week into Russia's invasion. How can large-scale wars like this affect global supply chains? Where does China come into it? Is the West likely to turn its back on China in a similar way as they have done with Russia in the future? Finally, Renaud leaves you with some tips to reduce supply chain risks by potentially not leaving all of your eggs in the China basket.

 

Show Sections

00:00 - Greetings & introduction.

01:15 - Some thoughts about the war in Ukraine.

04:26 - The speed of Western sanctions against Russia and their effects.

07:57 - Will sanctions on Russia affect China?

10:34 - Logistics costs.

12:28 - Could the decoupling happening to Russia happen to China, too?

17:24 - Is the risk of a sudden decoupling from China higher or lower now?

20:29 - What can be done to reduce supply chain risks in this time of instability?

25:06 - Wrapping up. 

 

Related content...

Here are some related posts:

Ukrainian invasions adds to chaos for global supply chains

A Guide to Fast-Moving Russian Sanctions and Export Controls

You may check up-to-date information on the war in Ukraine on Reuters

Supply Chain Risk Reduction Strategies [Presentation]

Supply Chain Risk Management, Part 1: What are VUCA and Black Swans?

Supply Chain Risk Management, Part 2: The Business Continuity Plan

Supply Chain Risk Management, Part 3: A Purchaser Supply Chain KPI Scorecard’s Benefits

Supply Chain Risk Management, Part 4: How Much Inventory Do You Need?

Supply Chain Risk Management, Part 5: Moving Manufacturing to Vietnam, Thailand, Malaysia, or India (Pros & Cons)

 

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