article thumbnail

How manufacturers can respond to supply chain disruptions

SYSPRO Smarter ERP

Global supply chains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supply chain and impact South Africa.

article thumbnail

World Bank Revises 2023 Global Growth But Downgrades 2024

Supply Chain Matters

This week the World Bank released its latest June forecast of its Semiannual Global Economic Prospects Report. This latest forecast indicates that the global economy will grow by 2.1 percent forecasted at the beginning of this year. In the not so optimistic category, the bank revised its 2024 global growth forecast to 2.4

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Analyzing Supply Chain Risk

Enterra Insights

The scale of supply chain disruptions has reached new heights in recent months.”[1] A decade ago, supply chain analyst Trevor Miles ( @milesahead ) wrote, “I almost feel that we should be shouting ‘Vuka’ which in Xhosa (one of the South Africa languages) means ‘wake up.’ ” 3. .”

article thumbnail

Hurricane Florence: What We Know About the Year's First Major Storm

Elementum

Continue reading for the latest updates and forecasts about Florence and other impending storms, as well as a list of best practices to help your supply network weather the impact. Additionally, category 2 storm Helene, currently off the coast of Africa, is expected to crawl towards Europe after losing speed.

article thumbnail

Hurricane Florence: What You Need to Know About the Year's First Major Storm

Elementum

Continue reading for the latest updates and forecasts about Florence and other impending storms, as well as a list of best practices to help your supply network weather the impact. Additionally, category 2 storm Helene, currently off the coast of Africa, is expected to crawl towards Europe after losing speed.

article thumbnail

E-commerce Fulfillment: Everything you need to know

Vinculum

With over 90% internet penetration in the Middle East and almost half the users using online shopping mode, it has been forecasted that the e-commerce market size would increase to $48.6 billion in the Middle East and North Africa (MENA) region. billion in 2022 from $26.9 It grew from 2-3% in 2019 to 5% in 2020.

article thumbnail

Supply Chain Disruption and Digitization

Enterra Insights

He explains, “Although supply chain management has been slow to the game, advances in data science are now quickly changing the way supply chains are managed. For most organizations applying it to forecasting will be the most valuable.”[4]. … Data science can be leveraged in several ways.