How the World Ran Out of Everything, Peter S Goodman of NY Times
In this must-watch episode of NextGen Industrialists: Rebuilding America’s Dynamism, host Belinda Ephraim engages in a deep dive with Peter S. Goodman, author of the eye-opening book, "How The World Ran Out of Everything: Inside the Global Supply Chain." Peter unpacks the intricate and often surprising pathways of global manufacturing and transportation—revealing how service providers bring everyday products to our doorsteps. He exposes the ruthless business logic that has left communities worldwide vulnerable, particularly as the global supply chain crumbled during the COVID-19 pandemic. Discover the hidden vulnerabilities that led to critical shortages—from infant formula and toilet paper to semiconductor chips crucial for cars and medical devices. Peter and Belinda explore how global dependence on a single nation, the exploitation of the working poor, and the fragility of our interconnected systems demand a rethink of how we build resilient, innovative supply chains for the future. Key Topics Covered The global supply chain crisis and its impact on everyday life How COVID-19 exposed weaknesses in global logistics and manufacturing How just-in-time principles, dwell time, precision scheduled railroading, and the quest for short-term profits exacerbates the fragility of our supply chains Practical strategies for building resilient, inclusive supply chains starts with empowering a disenfranchised workforce The inevitable role of automation, AI, and deep tech in future-proofing supply chains Economic and ethical considerations in global manufacturing and labor Sources Mentioned World Trade Organization, China Hagan Walker, Glo Pals USDA Economic Research Service Just-In-Time Supply Chain Precision Scheduled Railroading Norfolk Southern: East Palestine, Ohio Train Derailment Barbara Ehrenreich, Nickel and Dimed Join the conversation and share your thoughts in the comments section below! While you're at it, leave a 5-star rating, like, subscribe, save the show, and hit the notification bell to stay updated on all things Industry 4.0, advanced manufacturing, and sustainable capitalism. Listen on Your Preferred Platform! Spotify Podcasts Apple Podcasts YouTube Podcasts Connect with Peter S. Goodman Peter's NY Times Profile Peter's Website Peter's Book Reshaping the Panama Canal Our Sponsor Katalyst Point is the leading industrial-focused boutique M&A advisor to leading growth companies across the industrials sector specializing in various sub-verticals driven by Industry 4.0 from manufacturing to supply chain automation, business services, and deep tech ventures. We advise on growth acquisition plans, facilitate access to private capital markets, and expertly guide clients on their business exit strategies, from properly preparing the company to due diligence, negotiations, and closing. Partnering with us means you benefit from our deep industry knowledge, strategic relationships, and authentic commitment to your success. NextGen Industrialists Podcast Website Podcast Disclaimer This podcast is made available solely for educational purposes, and the information presented here does not constitute investment, legal, tax or other professional advice, and should not be construed as an offering of advisory services, or as a solicitation to buy, an offer to sell, or a recommendation of any securities or other financial instruments. The thoughts and opinions expressed by or through this podcast are those of the individual guests and speakers and do not necessarily reflect the views of Katalyst Point. The discussion on this podcast of any entity, product or service does not imply an endorsement thereof, and the guests may have a financial interest, whether through investment or otherwise, in one or more of any such entities, products or services. This podcast is presented by Katalyst Point and may not be copied, reproduced, republished or posted, in any form, without its express written consent.
