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Hurricane season 2024: how to prepare your supply chain

Resilinc

The 2024 hurricane season is expected to be extremely active, with multiple forecasts predicting above-average activity, increasing the potential for supply chain disruptions. Hurricane supply chain disruption examples Let’s take a look at some real-life examples of how hurricanes have disrupted the supply chain.

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How Manufacturers Can Take Control of Inventory with RFID Technology

QAD

Labor shortages, inflationary pressure, recessionary risk and supply chain disruption will all persist, at least to some degree, through 2023 and we all know there’s no sure way to safeguard your operations. The Department of Defense began requiring suppliers to use RFID tags in 2005 and many major companies have followed suit.

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Climate Change and the Supply Chain

Logistics Viewpoints

In 2005, the EU instituted a cap-and-trade system for businesses as a way to cut the emissions that drive climate change. All of these events can also lead to massive supply chain disruptions, and often times there is little to no warning before an event happens.

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Citation of Excellence Awards 2012

SCM Research

2006): A cultural perspective of relationship orientation: Using organizational culture to support a supply relationship orientation , Craighead et al. 2007): The severity of supply chain disruptions: Design characteristics and mitigation capabilities , and Holweg et al.

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Coronavirus Increases Supply Chain Risk Management Priority

Enterra Insights

Patrick Van Hull ( @PatrickVanHull1 ), a thought leader in the Kinaxis Strategy Office, points out, “In July 2005, epidemiologist Dr. Michael T. “In most cases,” Moritz writes, “a supply chain disruption is limited to a region or country. Demand vs. supply. 3] Those dimensions are: 1.

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This Week in Logistics News (July 3-7, 2017)

Talking Logistics

In their June 2005 paper titled, “ The Effect of Supply Chain Disruptions on Long-term Shareholder Value, Profitability, and Share Price Volatility ,” Kevin Hendricks and Vinod Singhal report the following findings from their research: Disruptions have a negative across the board effect on stock price, profitability, and share price volatility.

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Rethinking Black Swan Events for Modern Supply Chain Risk Management

Resilinc

However, black swan events can also be caused by other supply chain disruptions, for example, extreme weather and cyber security attacks. Supply Chain Risk Management Lesson: While these events will continue to grow, Sheffi advises that they should be addressed with the same approach as other supply chain disruptions and risks.