Re:Is It Time to Rethink Globalized Supply Chains?
by mistermann on Thursday March 19, 2020 @09:02PM
(#22633500)
There is a much larger more fundamental problem I'm referring to. It's right in front of us, and yet invisible, for lack of a better term. Kind of like this virus ironically.
It is of course both. Global supply chains and JIT delivery have made us more fragile. But China reacted well - locked down a region of 60 M people - then sent in the resources we of 1.5 BN to stop the spread to the rest of the country. Now they are basically hanging on till a vacccine.
USA pandemic teams probably had similar plans - shutdown California for example - in other words steering away from the worst of the icebergs.
Is China's strategy "best"? Hard call to make - especially now. But it beats many many alternatives.