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This Week in Logistics News (November 4 – 10)

Logistics Viewpoints

Warehouse break-ins, accounting scams, and oil tampering are on the rise in the olive growing regions of Greece, Spain, and Italy. Spanish police have said they recently retrieved 91 tons of stolen olives, and in February, six people were arrested in southern Greece for the theft of eight tons of olive oil.

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2023: A QAD Year in Review

QAD

Multiple wildfires ravaged Greece, burning more than 93,000 hectares (230,000 acres) of land, and Israel launched a full-scale war on HAMAS in Palestinian Gaza that is still happening and affecting manufacturing and supply chains today. Though, not everything went so smoothly in every part of the world.

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How to Hedge Against a Greece-Like Crisis

MIT Supply Chain

No one knows for sure how Greece’s financial crisis will impact the global economy over the long-haul. However, what companies can expect is instability in some form or other, such as volatile prices and fluctuating currency values within the Eurozone and beyond.

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Not up to Promethean Standards: Greece’s Pharmaceutical Supply Chain is Worryingly Weak

Elementum

Sales in Greece are down 20 - 25%, according to the Economist, which could lead to further unemployment if the low numbers persist. Whether or not Greece stays in the Euro, its supply chain problems will continue to plague Greek citizens and countries that rely on Greek products. A Sisyphean Task.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. Observed was that manufacturing conditions across Greece have improved to the sharpest extent in two years. along with Vietnam, Thailand and Indonesia.

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Eurozone Economy Now in Technical Recession

Supply Chain Matters

Besides Germany , Greece , Lithuania , Malta , Ireland and the Netherlands experienced quarter on quarter GDP declines. Reuters indicated in its reporting this week that the Eurostat revision of Q1 data was principally due to the revised estimate from Germany’s statistics office indicating two subsequent quarters of GDP contraction.

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ToolsGroup Automates Demand-Driven, Omnichannel Supply Chain Planning at Dixons SEE

Brookes Supply Chain Planning Blog

Dixons SEE is part of the Dixon’s Carphone Group worldwide network and operates in Greece under the name Kotsovolos, where it is the country’s leading electronics and electrical goods retailer.