IndustrialSage

IndustrialSage


Global Supply Chain Impact from COVID-19

April 09, 2020

Matthew Putman, CEO and Founder of Nanotronics, joins us to discuss the global supply chain impact from Covid-19 and what it means for the business world.
Danny:
Hey, I'm Danny Gonzales with IndustrialSage today. I have the CEO of Nanotronics Matthew Putman. Thank you Matthew so much for joining me today on IndustrialSage.

Matthew:
It’s great to be here. Thanks.

Danny:
So today we're going to be talking about a lot of things that a lot of manufacturers are very concerned about. Obviously in the industry and in the world we're going through Covid-19. It's disrupting a lot of supply chains, it's disrupting a lot of lives. There's a lot of issues and challenges going on, and so what we wanted to do is just spend some time here with Matthew who is again the CEO of Nanotronics just to get an understanding kind of what you guys are doing, how you guys are responding and maybe share some ideas around there and just some insights around the supply chain, and what you guys are seeing.

Matthew:
Sure, we're very lucky even though clearly Covid-19 affects us all in kind of devastating ways. The thing that we're sort of unique and is interesting is that, we're a science and technology company that works in a lot of segments of technology. So we work with companies in genomics, companies in semiconductors, companies in autonomous vehicles and quantum computing. So we get to see action of a broad view of the challenges that people are facing and there are a lot of similarities between these right now. and it's really making people consider how we build things in a different way.

Danny:
Absolutely. So before we get too far down the road on there, for those who aren't familiar with Nanotronics, you tell me a little bit about who you are, your company. I know you guys do some manufacturing where you're manufacturing, all that good stuff.

Matthew:
So Nanotronics makes a combination of artificial intelligence software and that software is used for controlling factories. Now, we actually have our own factories where we make robotics, we make a super resolution microscope. So we have a way of doing analytics and analysis, but not in a lab somewhere, but on factory floors themselves. So we are a factory in Brooklyn, New York, in Hollister, California, in Akron, Ohio. We have these facilities where we build things, but most of all our customers build things. So we're part of a supply chain, we tend to be very distributed though. So we do everything from machining our parts to assembling them, to adding the software to it. So we've seen the value of trying to shrink the supply chain in order to make us less vulnerable and working with our customers that have fairly close proximity to us to make them less vulnerable as well to things like Covid-19.

Danny:
Absolutely, so obviously you said Ohio, California, New York, those are the three States right now where there's pretty much a shelter in place, it's locked down for better. How are you guys handling that?

Matthew:
Because we have cared about this idea of going start to finish. I like everybody else supply chains mean things to us too. We have customers all over the world and we do have some suppliers, but we can continue to build things. We don't stop because we're not having to get things from all over the world in order to build our robotics. Now, that's nice for us in a way. We can keep going on strange things like staggered ships. Trying to keep our staffing healthy through all of this and of course to ship things that are contamination free for our customers as well, but we can at least make things and we can make them for some crucial areas right now. Things like companies that make masks, companies that do gene sequencing,


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