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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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Capacity Crunch Factors: What Causes a Capacity Crunch?

GlobalTranz

In April 2017, William B. Now, the shipping and transportation industry faces unprecedented capacity problems, and the upcoming ELD implementation deadline will exacerbate the issue. Politics aside, mother nature can throw a wrench into the transportation industry as well. Fewer Drivers Reduce Available Capacity.

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Why the Great Driver Shortage Is Now Top of Mind for Shippers & a Driver of a Capacity Crunch

GlobalTranz

At the same time, carriers have turned to leaner operations to keep costs down, and the transportation industry is ready to implode with a capacity crunch that lasts well into 2018 and may only get worse from there. percent by the end of the third-quarter in 2017. The 2017 Hurricane Season Hit Top Driver Recruitment Areas.

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Blockchain & Supply Chain Visibility: Will Blockchain Finally Eliminate Supply Chain Black Swans?

GlobalTranz

Home Depot’s work in risk management served to increase profitability in the aftermath of the 2017 hurricane season. Look no further than the aftermath of the 2017 hurricane season. appeared first on Transportation Management Company | Cerasis. Supply chain black swans occur without warning, and recovery can last months.

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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. As a considerable silver lining, both counties had already gathered around 90 percent of their respective grape harvests for 2017 before the fires erupted.

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Supply Chain Best Practices: Preparing for the Worst

Elementum

In a 2017 survey by the Business Continuity Institute (BCI), 65 percent of respondents had experienced at least one supply chain disruption in the last year, with 44 percent of the disruptions occurring at Tier 1. Transport network disruption. Potential Sources of Disruption. Unplanned IT or telecommunications outage. Weather event.

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Rebuild or Relocate? Disaster Survivors Should Be Able to Choose

MIT Supply Chain

Hurricane Maria, which devastated Puerto Rico in 2017, offers an example of how current disaster response mechanisms fail survivors in this regard. In the after aftermath […].