Why There are Now So Many Shortages (It's Not COVID)
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Writing by Sam Denby
Research by Sam Denby and Tristan Purdy
Editing by Alexander Williard
Animation by Josh Sherrington
Sound by Graham Haerther
Thumbnail by Simon Buckmaster

Select footage courtesy the AP Archive

References
[1] www.joc.com/port-news/us-port...
[2] www.freightwaves.com/news/new...
[3] www.wsj.com/articles/americas...
[4] www.freightwaves.com/news/no-...
[5] www.hillebrand.com/media/publ...
[6] www.vox.com/22410713/lumber-p...
[7] www.cnbc.com/2021/04/30/a-maj...
[8] www.wsj.com/articles/ketchup-...
[9] www.independent.co.uk/extras/...
[10] people.brunel.ac.uk/~mastjjb/j...


Musicbed SyncID:
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Ummæli
  • lorzon
    lorzon

    I just want to point out that it was never "illegal" to travel. No governmental agency could arrest you and put you in jail for going for a drive.

  • David johnston
    David johnston

    After yrs of best times then somebody ruins it I know it might be there watching but who its not utube

  • MiiK4Y
    MiiK4Y

    Awhile go there was a flood in china Dont eat fast food (where conavers)🔋

  • QUEL NEGRO
    QUEL NEGRO

    Taxes going the wrong way period.

  • k h
    k h

    well, the cause all of these problems is 'abusing the consumer at highest level philosophy'...

  • Searcher holic
    Searcher holic

    It's not exactly rocket science. Toyota was prepared on the back of the fallout from the psunami. Lesson learned

  • Pete Puebla
    Pete Puebla

    This is the most dire and sad news story I've heard all day. Thanks for bringing me up

  • TheBlueStig
    TheBlueStig

    Any claim of a food shortage in America is an absolute LIE. I work in a food warehouse and right now the whole place is stacked to the rafters, every storage location full. It's the STORES that are not ordering enough of the food that is sitting in warehouses all across the country. That's NOT a shortage, that's the stores being greedy by playing on people's fears when they keep the shelves almost empty so you buy more out of panic.

  • Derek McQuarrie
    Derek McQuarrie

    13:20 Janurary

  • Tim abel
    Tim abel

    all i heard was that toyota was luckey to have gone through the disruptions caused by the earthquake.

  • CapriciousBlackBox
    CapriciousBlackBox

    You’re right; it wasn’t covid. It was unethical, ineffective and unjustifiable lockdowns imposed by governments. I knew this was a mistake the day they started announcing them. It’s not particularly fair to expect industry to have foreseen such and unprecedented global shutdown....regardless of how frustrating the continued excuses may seem.

    • Edgar AF
      Edgar AF

      Blame everything on government instead of rich people who only care about money. Idiot

  • Kato Escape
    Kato Escape

    Who on earth is downvoting this video! I think (it's not covid) is not entirely accurate because many of these problems happened due to shut down's related to covid. Our system was not built around the government shutting down production, because that hasn't happened in the past. Calling it Flawed implementation is, as said, an over simplification, when there has not been shut downs like this before. And in honesty, the companies that have had many months of stock on hand have now run to the end of that production as well. There has become an endless amount of bureaucracy, it is amazing products end up on doorsteps at all. Well, as extra supplies run out, we will see fewer items on doorsteps. Not sure about all the car companies, but I did visit a car manufacturer in Mexico, a few years back and they had the largest lot I could have imagined full of trucks and cars, seemed like a lot of inventory to me. So, it is not just Toyota.

  • ThomasFromTN
    ThomasFromTN

    The rhetoric driving this presentation amounts to semantical gymnastical BS. Suggestion that COVID was not cause for shortages (an iceberg was not cause for the Titanic sinking) because logistical (and structural) deficiencies were intrinsic qualities embodied in the respective dependent variables (supply chain, Titanic) is endowing the term "cause" with improper semantical attributes in both such circumstances. It seems to me the fair analogy would be the absurd proposition that a person inflicting mortal harm on another person should never be prosecuted, for murder, as the "cause" of that other someone dying...because that other someone, being inherently mortal, was inevitably going to die, anyway.

  • T D
    T D

    Would be very interested in: Research on USA Seaports and Early Covid Outbreaks Could this also be Global? Where were the Initial Outbreaks?

  • Margaret Stafford
    Margaret Stafford

    I do this at home instinctively. I keep some stockpiles on hand of certain items that are hard to get (I have to order on line or travel miles to a store to acquire). That way I will not run out if my car breaks down, I get sick, or get too busy to get them. Other items that are easier to get (are readily avaiblle at the corner market) I do not bother to buy ahead. The big companies are run by people that are so far up in the clouds they cannot use common sense.

  • Add channel name
    Add channel name

    The truck driver industry i hear is about to get better because companies are starting to pay truckers more as apposed to lowballing wages in the past years.

  • ryanburbridge
    ryanburbridge

    This sounds like a perfect opportunity to become the next worlds richest person!!! I just can’t think how...

  • Floyd Brown
    Floyd Brown

    Interesting! No containers, no ability to fill them. A dilemma no doubt.

  • Frank A
    Frank A

    Lean bit them and I hope they learn from it. I knew from my own mfg experience that lean sabotages the chain because when everything is going well - it's great. But any problems and it is too fragile when taken to the extremes it is these days. Such an excellent video. Should be required viewing for any decision-maker related to mfg. What is there is a war? It's resilience vs. profit. Wrong blend = fail. Also, how about outsourcing? In 2005 most mfg of face masks followed trends to outsource to China. That went well (?).

  • Daniel Boch (Display)
    Daniel Boch (Display)

    The shutdown of 2020. Hard lessons. Valuable lessons. Emerging into a better place to live in. Gotta love our planet tenacity.

  • Minotauro Trading
    Minotauro Trading

    am i the only one seeing a great opportunity to start a Uber or Lift business and Alaska??

  • William T
    William T

    China and biden

  • Mike Nomath
    Mike Nomath

    TERMINATE CCP GERMS!

  • JBTechCon
    JBTechCon

    What this video made my realize is that there needs to be a boba restaurant called Boba Fett.

  • Shawn McKenzie
    Shawn McKenzie

    Covid 19 was a minor issue in the shortages. It's a global control by governments to weaken the masses and get more control. Poor alternative logistic supply by companies in house.

  • dan evans
    dan evans

    If you think this is caused by covid, you're A gullible person !!! All these issues are by agenda !!!

  • BlueSpoonFarm
    BlueSpoonFarm

    You didn't mention that companies are taxed on inventory. Many years ago book publishers changed their model to avoid paying taxes on inventory. Teachers cannot expect that textbook to be available. Students need to assume they are reading online (renting books), or printing the book themselves. This shifts the cost of printing a $300 book to the student / consumer. Sticking it to the customer one more time.

  • R V
    R V

    Simple answer JIT - Just In Time is to blame

  • chocolat4hogs
    chocolat4hogs

    Your story is good but claiming scarcity of Trucking company drivers is a loaded issue. Politics in California has created this debacle. Independent truck owners leased onto Intermodal companies is a real issue. Claiming misclassified and not paying drivers for the delays at the ports is a real problem. You have Federal, State, County and City ordinances all encroaching upon the port business.

  • Mustafa Gündoğan
    Mustafa Gündoğan

    Therefore....

  • kill or killed
    kill or killed

    Everyone: fuck how am I gonna get that new electric car with chips costing so much. Me: drivin my old 70s clapped out ford

  • Harrison Asmar
    Harrison Asmar

    So... It's taking 4 months to get my new Toyota due to shipping constraints and not manufacturing?

  • Kristofer Krause
    Kristofer Krause

    The government lock down caused many issues, not the flu.

  • Melvin Hunt
    Melvin Hunt

    Because that was in the Plan!

  • pollofromporter
    pollofromporter

    And it all stems from SHORTAGE OF WORKERS because of a MANMADE VIRUS.

  • Eric Johnson
    Eric Johnson

    Shit's running out, yo!

  • Nigel Thompson
    Nigel Thompson

    Really good video ….. this more or less goes for the financial sector as well … debt etc etc .

  • Kindra Harper
    Kindra Harper

    The quiet mask early comb because knowledge intermittently blind given a thirsty trout. disastrous, brash turkish

  • Warhol's Circus
    Warhol's Circus

    Your speech pattern is so annoying; I can't even watch this.

  • Philippe Sabourin
    Philippe Sabourin

    Want to know why the lumber and gas is f.. hight cause it's the company ho transform the product not the guy ho cut the trees or the lumber yard it the guy ho makes the planks 8 bucks for a 2×3 is a total RIP of it the same for meat medication everything that is essential to live all that cause of the illuminati's but dont worry everything is coming to a end soon !!!

  • Dylan Berg
    Dylan Berg

    Yes, it is hard to run businesses when you pay people more money to stay home than they earn when they work.

  • jys m
    jys m

    it depends on the product doesn't it. if the chip is for a handphone set, it can't possibly stock up as much inventory as much as an automobile sensor chip used to sense tyre pressure for example.

  • ZCorp Alpha
    ZCorp Alpha

    1970’s Car 🚘 No chip needed 🔥🤣🥃

  • Jeb common
    Jeb common

    Each one of these situations is an example of, don't have all your eggs in one basket. Another example of US over regulation, thanks to the beaurocrats, and Democrats.

  • john john
    john john

    ...and the wolves blew and blew sadly noone built their house of brick and *all the sweet little pigs got roasted*

  • rastamann2009
    rastamann2009

    So this is one more example of why late stage capitalism is shit.

  • george george
    george george

    Why the weird question pause in the middle of every spoken sentence ?

  • phil durre
    phil durre

    if you print money and hand it out for free, there will always be shortages…

  • GeoVoluntarizm
    GeoVoluntarizm

    This is one of the best videos I have ever seen on youtube. Thank you for making this.

  • James Goettsche
    James Goettsche

    aka hypercoherence

  • nεphi rαπo
    nεphi rαπo

    January, not "Janurary" at 13:23, lol.

  • Kim Nolen
    Kim Nolen

    Good, honest information is so satisfying. We don't get enough of that.

  • Nutmeg Donkey
    Nutmeg Donkey

    there's not a truck driver shortage , there's a truck driver PAY shortage would you wanna be away from your family for weeks at a time for 45k a year? didn't think so. pay up.

  • essential judge
    essential judge

    Zeitgeist.

  • Tim Mosso's N95 Mask
    Tim Mosso's N95 Mask

    Just a random guy passing through to remind you that China is the reason you were put on house arrest for a year. And your government praised them for it.

    • ZCorp Alpha
      ZCorp Alpha

      Well Skippy, I loved being on my private property, isolated & enjoying life 🥃

  • JG
    JG

    Spoiler: Basically, it's Covid.

  • Headcynic
    Headcynic

    How many containers can one train haul? How many people does it take to drive that train as compared to how many it would take to drive that many trucks? How much fuel does it take? There are always "substitute products" or "substitute methods".

  • Data Two
    Data Two

    So little of it means anything to ones personal happiness or physical survival, but it must be devastating to the tens of millions of people who don't see it that way. Oh, no! I can't buy a new trade in for a new rental car again, or a new PlayStation, or my bubble tea, It reeks of the same complaining done when people realized they couldn't get their hair cut, dyed, or their nails done. It really is nice to be on the very low end of the income spectrum. I needn't worry about being part of the long lines of people needing to upgrade to the latest and greatest when what they have works just fine. This too shall pass, as history has always demonstrated. If one must worry about anything, worry about the important things like clean air, clean food, adequate shelter, clothes to protect from the elements, and friends to pass the time with over a game of cards, now that we can do so. But being alone certainly has little to do with being lonely. I've been doing it for quite some time now, and it suits my nature fine. And as far as how the Japanese developed, adopted, and further new how to apply going with the flow with JIT manufacturing, well that is part of their cultural makeup. Which is partially why, when the west adopted it, they couldn't conceive of utilizing the more "fuzzy" aspects of JIT. Primarily, Western culture s more concerned about immediate and swift realization of desire. And that fundamental difference is precisely why it fell flat on its ass here. Our CEOs were as always more concerned about pleasing the shareholders at the expense of everything else. And I doubt many western companies attitudes will change all that fundamentally in the years to come. We suffer too much from the "me first" and "I deserve it, and I want it now", culture of the self to the extreme. And it may be a considerable part of our own decline. It certainly has contributed to it over the past five decades.

  • i am
    i am

    What a joke.... The only thing there is a shortage of...Americans willing to work. Between "stimulus" checks, and "extended" unemployment benefits, the typically lazy Americans, have said fuck it!! I do not have to work... Which is exactly what the left has wanted for some time now...a majority of people dependant upon the government...aka, more voters...

  • Noles Fan
    Noles Fan

    That’s why I drink beer.

  • Proctor’s Gamble
    Proctor’s Gamble

    Toyota got the ideas from a man named Deming. An American. He was scoffed at in the USA so he applied his ideas to Japan and they beat us at our own game

    • qopoy dnon
      qopoy dnon

      When this happens to staples like bread and water and milk etc shit really gonna hit the fan

  • Marc Ryals
    Marc Ryals

    This video........what an elegant explanation of the truth. Bravo.

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    chief 1 redwolf

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  • rickie5150
    rickie5150

    There are no shortages.... only sanctions placed on people around the world for fighting against the pricipalities that are trying to destroy all !!!!

  • NeedToKnow23
    NeedToKnow23

    The Toyota education, I subbed. History is VERY interesting. "It can fill books, but many only read the cover". EPIC EPIC EPIC. This is the quality missing from TV. Thank you.

  • Waldan Farr
    Waldan Farr

    greed

  • Filiberto Giron
    Filiberto Giron

    You are missing the most factual point, that is the elected officials imposed lockdowns. It's important to recognize and be aware that the lockdowns and like many other global restrictions, are made by current leaders and aspiring leaders cooperating for a faith based agenda. These leaders find an opportunity to impose restrictions on our liberties without remorse because they whole heartedly believe a few sacrifices on our end will eventually advance humanity to utopia. These agendas are faith based because they are based on failed or untested theories. They are faith based agendas because the people promoting them have zero experience in it. They are faith based agendas because they are based on emotions over science. I encourage you to make some time to begin your own search with the World Economic Forum.

  • repeteproductions
    repeteproductions

    January is misspelled on your calendar graphic ;) 13:20

  • mms0011
    mms0011

    "YOU SEEEEEEEEEE..." ... "YOU SEEEEEEEEEEEEEEEEEE..." ... "YOU SEEEEEEEEEEEEEEEEEEEEE..." jfc this is getting so annoying. unsubbed.

  • Junk Silver
    Junk Silver

    The reason for the shortages is because the world is being taken over by their central banks, who are grooming the world for socialism. It's ALL planned out years inn advance.

    • J Fili Moe
      J Fili Moe

      The central banks are grooming the world for socialism? That’s funny. Banks peddle debt, they’re quite literally the pushers of capitalism.

  • Todd Bello
    Todd Bello

    :( perfect time missed for an Office Space reference about TPS reports

  • Mike
    Mike

    Truth is it's deep state and private western central bank. Their goal is a 3rd world world.

  • Regis H
    Regis H

    CoUld you say "you see..." even more times in a single video ?

  • tommy Mc Weedface
    tommy Mc Weedface

    Wow! I'm surprised I didn't find a bunch of idiots blaming it on Biden or the democrats! Thanks!

  • kranwa15
    kranwa15

    Blame EDD and stimulus check, made people lazy, don't want to work, they stayed home.

  • SuperJV4x
    SuperJV4x

    what has to be taken into the equation is that this is intentional - the plan is to destroy the consumer system in favor of a "hunger games' model - so... don't expect all this is going to be fixed.

  • george elliott
    george elliott

    Its the "just in time" supply model. This is not news.

  • Nikhil VJ
    Nikhil VJ

    Build in your own country, mutts

  • Luis Arias
    Luis Arias

    NWO

  • Robin Davis
    Robin Davis

    The rural step-brother iteratively warn because sheep allegedly burn across a grubby gruesome jeans. unique, thoughtful prison

  • Sin Chef
    Sin Chef

    The knowing router neatly delight because graphic arguably wreck round a foolish doll. imminent, glistening glorious icon

  • 23zchris
    23zchris

    This is amazing

  • Edith Spencer
    Edith Spencer

    Thank you for this! This is a great distillation of conversations i have had with people over the last year over 'shortages'.

  • xev1435
    xev1435

    there is also a big glut in shipping goods via rail, thanks for CSX cost cutting that placed very tight margins on labor. When shipping demand now returned, they don't have train operators to run the system. Great job CSX CEO!

  • Maureen Brandon
    Maureen Brandon

    Greedy power hungry illuminati free masons started the pandemic and the stock piling and shortages, in order to fulfill their new world order road and belt project. The ship that blocked the canal was deliberate also.

  • Yathindra C.k
    Yathindra C.k

    Biden

  • rikki campos
    rikki campos

    Long Beach Port, disrupted and deliberately, slowed, sometimes for weeks, the unloading of container ships, during the Pandemic.

  • Joe Black
    Joe Black

    It would seem like a simple solution is possible. Start with extreme just-in-time. Then every year you adjust the number of day's worth of excess stock you need at any given time by the number of days you experienced shortages that year. If one year has less days shortage, then keep the old value. If a year has more, than raise that as the new benchmark for that specific sourced item. That way you can be hyper-efficient in the beginning and gradually make your manufacturing logistics more robust. You might even want to adjust month to month, or even week to week in the very beginning.

  • rikki campos
    rikki campos

    Long Beach the deepest port on the west coast , BELONGS TO CHINA!

  • LAURI WHOGIVESASHIT
    LAURI WHOGIVESASHIT

    Stop putting computers in cars never needed them before dont need them now dont have one in my car.

  • Alparslan Korkmaz
    Alparslan Korkmaz

    Nice video.

  • First Last
    First Last

    It’s an attack by China slowing it down purposely all supplies but Biden is in bed with China so it’s kept quiet

  • Lee Altman Sr.
    Lee Altman Sr.

    Fantastic and informative 👍

  • thegr8rambino
    thegr8rambino

    so basically the companies are scamming us and using covid as an excuse to get away with it

  • Enrico Suave
    Enrico Suave

    So what I'm getting is that something like covid was inevitable and because it wasn't foreseen it wasn't prepared in the supply chain. It was still ultimately caused by covid. The good news is that now that it's happened we have to adapt and be ready the next time something like this happens. Also a couple years ago the ports shut down due to union workers on the docks going on strike. Food was rotting and a bunch of ships sat out at sea for weeks on end. I'm a diesel mechanic and we are having issues with parts being nationally back ordered so trucks sit for weeks sometimes for a small part. We'll get through this people but we gotta stop the fear mongering and get back to work.

  • Dillon Redford
    Dillon Redford

    It’s fucking Covid.

  • SixtySix
    SixtySix

    Add that it's bc america doesn't make anything of value anymore lol.... Everything (almost) is dependent on over seas.