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Janti Soeripto

๐Ÿ‘ค Speaker
53 total appearances

Appearances Over Time

Podcast Appearances

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Hi, my name is Brian Blank.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

I'm an associate professor of finance at Mississippi State University.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Coming up... The crisis currently unfolding in the Middle East, that is giving our supply chain teams a lot of headaches.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Thank you for having me.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Yeah, that is one way to put it, Kai, indeed.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

It's definitely the case.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Look, just to take a step back, you know, of all of our humanitarian responses that we do across the world and certainly also in the Middle East, the supply chain makes up about 75% of that humanitarian response in terms of cost.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

So as you can imagine, with the crisis currently unfolding in the Middle East, that is giving our supply chain teams a lot of headaches.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Yeah, in certain cases, that is literally what's happening.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

And it's actually not even in the Middle East.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

We have currently stock of pharmaceuticals stuck in India that we cannot transport across the road anymore to Afghanistan, which is where the destination is.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

We're looking at air freighting it, which is already incredibly expensive.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

And it is now twice as expensive as it was before this crisis in the Middle East started because of oil prices.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Look, it was already a pretty difficult job to be a humanitarian response leader in Sudan, let's say, or in Gaza or in Lebanon, for that matter.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

And of course, it's become a lot, lot harder still.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

You know, specifically when you look at Lebanon now, you know, over a million people displaced.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

There's an immediate direct link between a war starting and people being displaced and kids being out of school and et cetera, et cetera.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

So we're responding there and we're proud of it because we did have some preparedness there in terms of extra stock.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

Our team is being ready to respond, expecting a certain level of escalation.

Marketplace All-in-One
The Francis Scott Key Bridge, two years later

But if you're in Sudan, where we are still in Darfur, one of the few large organizations still able to work there, and our stocks are depleting, of course, they're incredibly concerned.

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