In today’s podcast, you will hear about the problems affecting the global supply chain. We’ll look at how long shipments are taking, and you will learn key vocabulary to discuss this crisis.
So, how have the delays in the supply chain affected your country? Do you know any exporters or importers who are directly affected? Have you seen empty shelves recently, or maybe you have had to wait a long time to receive a package?
There is no doubt that the effects are being felt all over the world. As the world globalized, we began to take for granted so-called “just in time” delivery. But now delivery times have doubled and tripled, and it leads to the question of whether shipping will get faster in the near term? Or will the world need to get used to living with longer times as we face new realities?
But first things first, here are some of the words you need to talk about the current supply chain crisis. I’ll use them a little later so you can hear them used in context.
Freight: goods transported in bulk by truck, train, ship, or airplane. A related word is “cargo”.
Gauge: device or formula for measuring the size, amount, or contents of something. In this case, a gauge is used to measure the length of time.
Glut: an excessively abundant supply of something. In this case, a glut of shipped merchandise.
Warehouse: a large building where raw materials or manufactured goods may be stored before their export or distribution for sale.
Longshoreman: a dockworker involved in loading and unloading cargo from ships.
Backlog: A backlog is a buildup of work that needs to be completed. In this case, a backlog of freight that needs to be delivered.
Counterfeit Jewelry
The headline we will use for this class was published in the New York Times on November 21st, 2022. Jewelry Counterfeits: The Age-Old Problem Just Keeps Growing Jewelry counterfeits. What’s that? Jewelry 'are' those items that you might wear around your fingers, your...
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