article thumbnail

Supply Chain Disruptions Are New Opportunities – LogiSYM October/November 2020

The Logistics & Supply Chain Management Society

Unlike SARS in 2003, the Covid-19 pandemic has spawned an unprecedented Global health pandemic. As a result, Global Supply Chains have experienced severe “Supply side Shocks” with massive disruptions impinging on all sectors. SUPPLY CHAIN DISRUPTION—Respond, Recover and Regrow.

article thumbnail

What the Coronavirus Pandemic Means for Global Supply Chains

Shipchain

It is now clear that we have never witnessed anything quite like Coronavirus before, and people, businesses, and supply chains may not be ready for what’s to come. . Coronavirus’s impact on global supply chain operations . Why supply chains are particularly vulnerable. And according to AXIOS , U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supplier Risk Management Considerations for the Coronavirus Outbreak

ivalua

Beyond this enormous human toll, the Coronavirus and the efforts to control the spread of the virus is being felt throughout the world’s supply chain. This crisis demonstrates the increasingly global nature and complexity of supply chains and the imperative to manage the risk within this complex supply chain.

article thumbnail

Ooh, Scary Stuff, Kids. Tales from the Supply Chain Crypt.

Kinaxis

Often, unexpected events such as suppliers failing to deliver, software glitches and even Mother Nature can wreak havoc with even the best supply chains. On average “supply chain disruptions can reduce shareholder value by 7%, with disruptions affecting stock prices even before formal announcements or coverage of impacts.”.

article thumbnail

FreightTech for Fortune 500 Shippers with Brad Forester and Mike Mulqueen

The Logistics of Logistics

Brad, Mike, and their team at JBF Consulting advise Fortune 500 companies on the assessment, selection, and implementation of supply chain software. Brad is a highly recognized senior supply chain leader with over 23 years of managing, designing, and implementing freight transport technology. Supply chain visibility.

article thumbnail

The COVID-19 Supply Chain Hit Could Trigger Recession in Australia

Logistics Bureau

But economists and supply chain managers warn that this recovery may have come too late to save Australia, China’s largest trading partner, from sliding into its first recession since 1991. He was referring to the 2003 Severe Acute Respiratory Syndrome which was estimated to have wiped US$40 billion off the global economy.

article thumbnail

Labor Strike Targeting U.S. Automakers- Update Five

Supply Chain Matters

In this fifth Supply Chain Matters weekly reader update, we highlight the latest developments related to ongoing UAW labor strike involving the big three U.S. The further notion is cited data from the Bureau of Labor Statistics indicating that since 2003, the average hourly wage for U.S. auto companies. All rights reserved.