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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. Indeed, 2017 was plagued by problems within international supply chains, ranging from logistical to unethical.

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Types of Risks Impacting Supply Chains in 2018

Material Handling & Logistics

In 2017 losses incurred from catastrophes such as hurricanes, wildfires, and earthquakes could make it one of the costliest years in history for the property insurance industry, Savitsky noted. Hurricane Maria, which slammed into Puerto Rico on September 20, 2017, is a prime example of a catastrophe that reverberates through supply chains.

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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. In August 2015, two explosions occurred at a dangerous goods warehouse containing over 3,000 tons of highly hazardous chemicals.

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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. In August 2015, two explosions occurred at a dangerous goods warehouse containing over 3,000 tons of highly hazardous chemicals.

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Market Update: Union Contracts- May 2021

Freight Plus

The ILWU is the International Longshore & Warehouse Union and they represent workers from Seattle/Tacoma to Southern California. The ILA is the International Longshoremen’s Association and they represent workers from Eastern Canada to the Great Lakes, the entire Atlantic Coast, Gulf Coast, and Puerto Rico.

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Climate Change and the Supply Chain

Elementum

The year 2017 has been catastrophic in terms of natural disasters, particularly hurricanes; in August, Hurricane Harvey devastated parts of coastal Texas and prompted the shutdown of several ports and petrochemical complexes in the region.