Special Guest: Jeffrey Luft, Supply Chain Expert and Consultant
Please note: I am not a medical professional and am not speaking for the CDC or any medical associations. I bring to the table 20 years of staffing and recruiting industry experience specifically focused in global supply chain and manufacturing. I also have worked through the SARS outbreak. I have also talked to several economics professors, economists, and reviewed major articles with Bloomberg, Fortune, Harvard Business Review, and Forbes. This is an informational podcast to help people understand the impact.
Breakdown of today’s podcast:
- There is NO shortage - they are just out of stock. Stop panic buying.
- Stop buying water, toilet paper, paper towels! Why toilet paper? If you get Coronavirus you will not gastrointestinal problems but more respiratory problems
- What you can do to prepare - realistically
- Preparation for school closings, closing of retailers (Apple), and working virtually
- Financial impacts go beyond airlines, cruise ships, theaters. There is a trickle down effect to all the restaurants at the airports, food suppliers that supply food, taxis/ride sharing
- Many people live day to day, paycheck to paycheck
- Companies are starting to step up to help mitigate their people, but is the mitigation far enough reach to all levels impacted
- Business Owners and Suppliers need to be flexible
- Utilities need to allow people time to get caught up expanded time to pay bills
- House Bill injecting capital to individuals (pending Senate approval)
- How can you help other people - People helping People
- Breakthrough the culture issues which have arisen over the last two years to support everyone
- Growing trend of discrimination on Asian and Italian immigrants
- Internet - Telecommunications Resources and will it support the extreme increase in virtually worlds but how big of impact will it have
- Drugs - switch to 90 day supply. Mail order pharmacies are available
- Factories are revamping - ramping up production but suppliers are still only operating at 50% capacity
- Lead times are increasing - 57% worse than late 2019
- Can local pharmacies fill 90 day supplies?
- Adjust to the new normalcy, social distancing, minimizing the exposure. There is a reason people in Japan bow when greeting each other than shake hands
STOP DISCRIMINATION - We need to band together and be there for each other. This Virus doesn't discriminate based on age, race, sexual orientation, disabilities, etc. It affects everyone. Be conscious on how you interact with people and help those that need information to do the right thing.
CORONAVIRUS TRACKING WEBSITE
https://www.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6
FDA list of current shortages - https://www.accessdata.fda.gov/scripts/drugshortages/
GUEST INFORMATION
Jeffrey Luft
[email protected]
https://www.linkedin.com/in/jeffreyluft/
GLINTER SOCIAL MEDIAL AND CONTACT INFO
[email protected] (Email)
http://bit.ly/michaelglinter (Podcast)
http://www.linkedin.com/in/michaelglinter2 (Linked In)
#MichaelAGlinter (Twitter)
http://www.facebook.com/michael.glinter (Facebook)
https://www.youtube.com/c/MichaelGlinter (YouTube)
www.michaelglinter.com (Website)