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The Biggest Supply Chain Blunders of 2017

AFFLINK

As 2017 reaches its final weeks, we reflect back on this year's blunders in supply chain planning. Indeed, 2017 was plagued by problems within international supply chains, ranging from logistical to unethical. Here we’ll explore three of the biggest failures in supply chain planning.

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Types of Risks Impacting Supply Chains in 2018

Material Handling & Logistics

To look at what risks will affect the supply chain in 2018, Rob Savitsky of AIR Worldwide ( a member of the MIT Center for Transportation & Logistics Supply Chain Exchange program), wrote a blog for MIT discussing three broad categories of supply chain risk. Natural Catastrophes.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

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The Cost of Disaster

Elementum

The country suffered an estimated $306 billion in disaster-related damages in 2017, predominantly due to major hurricanes and wildfires. Hurricane Maria, which knocked out all power supply for 3.4 Failure to take steps to mitigate the impact of extreme weather disasters can be detrimental to the entire global supply chain.

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Climate Change and the Supply Chain

Elementum

As climate change risks grow — rising sea levels, change in precipitation patterns, extreme droughts and heat waves, and intensification of hurricane events — global supply chains are vulnerable to major disruptions. Other companies also rely on real-time, supply chain-related news especially about weather events.