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Period of high financial risk to suppliers on the horizon

Resilinc

In the 2008-2009 recession, export-dependent countries in Asia suffered a 15% drop in GDP in Q4 2008 due to their dependence on export markets, according to IMF analyses. growth in 2009 thanks to its enormous financial stimulus package). China suffered only briefly, returning to 8.7%

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Supply chain risk management in 2017

Kinaxis

Interestingly enough, the first episode of Breaking Bad that aired in 2008 reflected what it was like being in supply chain risk management at the time: “Hey, a science teacher is cooking meth, how much worse could it get?”. In 2009, I’m sure most we’re thinking, “How much worse could it get?”. Some suppliers weren’t so lucky.

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Inventory Management: We Can Do Better

Supply Chain Shaman

The period of 2007-2008 was the downturn of the recession while the period of 2009-2013 marked the recovery. In Table 1, I share research collected for the Supply Chains to Admire analysis on the average days of inventory by industry across the period of 2004 to 2019 by increments to match economic shifts.

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How the Semiconductor Shortage Could Have Been Averted

QAD

Very similar to the crisis in 2008-2009 and much to the surprise of industry analysts, automotive demand came back much quicker than expected. see Figure 2) was added in response to shortages and disruptions that occurred in 2008-2009. The following is the content contained in the six chapters of MMOG/LE (see Figure 1).

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Special Bitcoin Considerations!

Supply Chain Game Changer

Bitcoin was invented by Satoshi Nakamoto in the year 2008 and went on air in the year 2009. The foremost block in the complex of bitcoin was mined in January 2009, and the second block or block two was mined in March. Special Bitcoin considerations article and permission to publish here provided by Jean Nichols.

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The Potential Impact on Shipping of a Global Recession

Intelligent Audit

Shipping, especially global shipping, is uniquely vulnerable to recessions and the effects of the downturn of 2008-2009 are still being felt today. Prior to the recession of 2008, US production was around 5 million barrels per day. In addition, the US economy is in a far better position to handle a recession than it was in 2008.

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Ready for Full Enforcement of Importer Security Filing?

Talking Logistics

Finally, as I wrote back in November 2008 , if there’s ever a business process that lends itself perfectly to a network-based solution , it has to be “10+2” compliance. Watch the short clip below where Kevin shares two data-related problems some companies still experience that could lead to ISF non-compliance.

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