Over the last few weeks, I’ve given a brief presentation to my customers on what is going on with our supply chain. Albeit, a simplified version, but if you want to sound smart at the Thanksgiving table this year it will be worth having a simplified understanding. Also, this week in my Toastmaster’s club, I have to give a speech using some form of software. After the supply chain summary, I’ll share a copy of the presentation + explain why it is formatted the way it is.
Macro trends in the supply chain:
- Increased spending on goods vs. services / experiences. Squeezing supply.
- The global supply chain is a complex network that is delicately balanced, any kink in the chain has far reaching ripple effects. Part of the fragility comes from the over-optimized “just in time” production practices.
- Major supply drivers: factory shut downs, port labor, flight reductions, container ship challenges.
- Factory Shut Downs
- Factories have had a tough time managing outbreaks. This leads to bottlenecks in production. If upstream manufacturer is delayed this cascades downstream.
- Some ports have also experience shut downs, and most have labor restrictions to prevent outbreaks.
- Anecdote: father has been a truck driver for 40 years. He told me how it has never been so tough to fill openings + workforce is old, having trouble hiring young truckers.
- Flight reductions
- 50% of air cargo flies on passenger flights. With international travel reduced there was a reduction in air cargo.
- Cargo Ship Challenges
- Each delay compounds and means containers are not traveling to their next destination.
- Ocean freight demand continues to outpace capacity.
- Factory Shut Downs
- Net impact:
- Sharp shipping and production price increases, shortages and massive delays.
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9 Tips on using software when presenting:
- Don’t write your script on your slides.
- Use a thoughtful image or data set that will enhance your words.
- Keep whitespace on your slides (do not to over-crowd it). This increases legibility.
- If in person, don’t turn your back to your audience by looking back at your slide.
- When you do include text, keep it brief & large. Use one font per slide when you have text.
- Test the software you are using ahead of time. If it in person, set up early. If it is online, practice sharing over whatever platform you will be using a head of time.
- Consider using a blank slide when you want the viewer to focus all their attention on you and/or to build up to the next slide where you want to bring their attention.
- In Summary: software should enhance the speech, inform the audience, have the same template throughout, use complementary colors, include white space, one basic font, and contains high-quality images when used.
- Lastly, specific to virtual presentations, check out Seth Godin’s equipment / tips for being better on zoom. Personally, I recently started incorporating an LED light & logitech camera. Both have made a tremendous difference.
The slide deck I will be using during Toastmasters can be found here. Not included are the recommended solutions my company will be following. Two useful resources I have found on the topic of supply chain lately include Huntsman & Sal Mercogliano.