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Extreme weather’s impact on supply chains

Resilinc

Within a week of the COP26 conference wrapping up, massive floods in British Columbia severed the freight railroad serving the Vancouver, home of Canada’s largest port. We are chasing around North America trying to find other suppliers—at much higher rates,” the CEO of an Edmonton food manufacturer told the CBC. “We

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CAPS Conference: The Economist Projects What’s in Store for the Global Economy

NC State SCRC

I had the opportunity to sit in on a very thorough presentation by a member of the Economist Intelligence Unit at the Center for Advanced Purchasing Studies meeting today. Conflict erupts between China and Taiwan (Andrew said this is not likely, and I agree – see my previous blog ). China’s zero COVID policy leads to severe recession.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items. Thanks to container prices rising as much as 600%, money that could be used for advertising went to freight companies instead. Source: Consultancy.UK. Image source: Fortune.

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When Variability Is Our Only Constant

Supply Chain Shaman

” Corporations serve international markets, and the source of rare minerals (so critical for the evolution of the green supply chain) is primarily Asia. Others argue the demise of global sourcing; might I add caution? Deaths in Hong Kong are at a record level as COVID outbreaks slow freight at Shenzhen and Qingdao ports in China.

Modeling 280
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Logistics Bureau Supply Chain and Logistics News Roundup, July 2022

Logistics Bureau

Given that some Asian and South American countries have no compunction about continuing to do business with Russia, and that many companies in the West have trade relationships in Asia and South America, the sanctions have caught many Western companies’ supply chains in a stranglehold. But the problems don’t stop there.

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36 innovative companies re-inventing and rethinking supply chain and logistics

6 River Systems

In addition to cutting the need for outsourced manufacturing, this move could give the company a leg up on the competition by making it possible to get products in the hands of consumers faster. Additionally, the company’s manufacturing expertise will enable the reduction of production costs.

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The 18-month outlook points to recovery, albeit (semi)disrupted

Resilinc

To adapt to these disruptions, OEMs and retail chains are seeking to procure holiday goods earlier than usual—which is contributing to the shipping congestion. and Taiwan and floods in Germany earlier this year underscore the physical risks of a changing climate. The droughts in the U.S.