Live Breaking News & Updates on Everything Works Onjust In

Stay updated with breaking news from Everything works onjust in. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Transcripts for BBCNEWS World Business Report 20210901 04:35:00

Spoke to paul wilcox, managing director of vauxhall, and asked him how serious the situation is. it is a global problem. it is affecting all of our industry, all of our competitors. and it has suppressed our ability to manufacture, so, look at the uk, today, this month, commercial vehicle sales have been hugely buoyant this year, 59% up, this month, 20% down, and a large part of that is because of these supply shortages. how long is this going to go on for? we think probably through until the end of the year. we think going into 2022, we ll start to see more stability but we know we have got a problem for the next 2 3 months. do you think there is a case now for revising some of the very complex supply chains that your industry relies on? i don t think it exposes a problem, i think it just illustrates that, when you have a crisis, you can be quite vulnerable, because obviously, everything works onjust in time principles, we are very lean manufacturing, the whole industry is very much b ....

Paul Wilcox , Managing Director , Supply Shortages , Supply Chains , Lean Manufacturing , Everything Works Onjust In ,