From National Security to Survival. Oil still remains a headline topic today, as the impact is directly seen in the pocketbooks of those with the privilege of owning an automobile. But similar to the delay in cheap credit, and the realization that many modern economies have loaded up on debt to finance their futures, the impact of oil on pure survival of impoverished communities is only now beginning to be realized.
Here is a recent video highlighting the impact on the World Food Programme in it’s ability to distribute food with a restricted budget. The point I draw from this video is that as donors and organizations adapt to higher production and operating costs, there is a reduction in net profit or discretionary expenses, which directly impacts IGO’s that depend on this channel for support.
Ironically, the auto industry itself has used lean production in order to streamline costs to ensure profitability. This same push for efficient supply chains in automotive could help support efficiency to ultimately put a little more food on the table of underserved populations.