PLEASE NOTE THAT WHILE WE DO OUR BEST TO KEEP THIS EVENT CALENDAR UP TO DATE, THINGS ARE CHANGING FAST WITH COVID – 19. PLEASE CONTACT THE EVENT ORGANIZER FOR THE MOST ACCURATE INFORMATION ON EVENT CHANGES OR CANCELLATIONS
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Quest Lecture Series: Supply Chains’ Impact on Everyday Life
November 12 @ 7:00 pm - 8:30 pm
An event every month that begins at 7:00 pm on day 12 of the month, repeating until May 10, 2022
Join us for our virtual Quest Lecture Series! These lectures will take place on the second Tuesday of each month, starting on Tuesday, October 12.
Dr. Halia Valladares Montemayor https://questu.ca/…/office…/halia-valladares-montemayor/
Supply chains are normally seamless for the end consumer. In the era of the digital economy, consumers buy products online though e-commerce and expect the product to arrive at their homes at a certain time. Or, consumers buy the products in retail stores, but seldom ask themselves how the products got there, how long it took, or why certain products are all of a sudden out of stock or much more expensive.
In basic economics, it’s all about supply and demand. Due to COVID-19, the demand for certain products increased
(for example: toilet paper, hand sanitizers, masks, etc.). Those products immediately became more expensive for the end consumer. Why? One reason is an increase in demand. However, it is also a matter of an increase in the cost in the supply chain.
At the end of this talk, you will be able to list the main countries and ports that participate in global supply chain. You will be able to understand why some products have become more expensive or are and will be out of stock for the Christmas season. And, you’ll learn how to prepare yourself so these fluctuations won’t have a big impact on your household’s bottom line.
How to attend Quest Lectures?
Simply join us on Zoom using the link and password below – no need to register.
The event will also be live-streamed on Facebook.