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Why There are Now So Many Shortages (It's Not COVID)

Wendover Productions · explainer · Watch on YouTube

Business & economics (other)Manufacturing & industrial processesShips, submarines & maritime

What it is

Wendover Productions explains the wave of supply shortages in 2021, arguing the causes go beyond COVID. It covers how just-in-time manufacturing was applied, container imbalances and the chip shortage.

Why Hacker News recommends it

HN commenters point to it as a better explanation of just-in-time versus the Toyota Way and of container and chip shortages.

  • 2 people recommended it
  • 2 different months
  • 0 strong recommendations
  • first 2021, last 2022

What HN commenters said

  1. “However, most did it wrong.”

    Explains how just-in-time was misapplied versus the Toyota Way

    AlbertoGP, 2021-06 · Recommendation · in “Japan's government plans to encourage 4-day workweek, but experts split”

  2. “see for a much better explanation than I could provide”

    Better explanation of Toyota and shortages

    danparsonson, 2021-08 · Recommendation · in “Chip shortage: Toyota to cut global production by 40%”

Excerpts from Hacker News comments, linked to the originals. Summaries and labels were written by a language model from those comments.

Topics: just-in-time, supply chain, shipping containers, toyota, chip shortage

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