In this second episode of the official SEMICON West 2021 Hybrid podcast series from 3D InCites, I interviewed James Gellert, Chairman and CEO of RapidRatings, a financial health, data, and analytics company based in New York City, about his keynote talk titled The Second Wave: Risk in Part Two of the Supply Chain Crisis.
For years, we’ve seen advanced technology like artificial intelligence, machine learning, and 5G – all underpinned by semiconductor chips and sensor technologies, create opportunities for almost every industry we can think of.
And now we’re in the midst of a global chip shortage and everyone is talking about the impact it's having on the global supply chain – and I’m not just talking about those of us who work in the semiconductor industry. These stories are making headlines in mainstream media.
What’s not being talked about is a potential second wave of disruption of this crisis as the situation drags on. That’s what James is going to address in his keynote.
In this preview podcast episode, James explains some of the key points he’ll be discussing in-depth during his presentation including:
- The challenges companies are having to stay afloat, and how to watch for those in your supply chain who are struggling
- Why two layers of risk management in the supply chain is needed to handle both the crisis of the day and also the longer-term process
- How the failure of critical suppliers will have a reverberating effect on the resiliency of the whole supply chain
- What can be done to work with these critical suppliers through collaboration to help them succeed
- How collaboration and transparency are the keys to having a resilient supply chain
Who should attend his talk? Anyone thinking about how their suppliers are doing through the crisis, as well as risk management of their own companies. Additionally, anyone who wants to prepare their companies to ride the second wave to a positive outcome will benefit.
You can hear James' full keynote on Wednesday, December 8, 10:20am - 10:50am Pacific Time, on the SEMICON West Keynote Stage, Moscone North, Lower Level, Room 24 or by registering for the virtual program.
Francoise von Trapp is a reporter at 3D InCites.