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Economic Aspects of Supply Chains

American Global Logistics

Other geopolitical risks, such as tensions between Russia and Ukraine, along with unpredictable regimes in Iran and North Korea, have the potential to disrupt global supply chains as well. Use data analytics: Analytics can help identify areas to reduce costs and improve efficiency.

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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

Tom: We always have to keep an eye on North Korea. I lived in Seoul, Korea, for almost four years. Even back in 2008, North Korea was shooting missiles into the Sea of Japan, and that has not really changed. Using AI for numbers, data, and analytics is going to transform supply chain risk management.

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Harvey’s Impact on the Global Supply Chain: The Role of Analytics

NC State SCRC

What is the role of analytics in creating managerial insights into such events? ” The challenge for analytics is to be able to map supply chains that are dependent on a single geography, and this would be important to prepare for risk. A third area for analytics is loss of limitation.

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What Supply Chain Risks Must Supply Chain Execs Keep Top of Mind?

GlobalTranz

Fortunately, supply chain execs can overcome and successfully mitigate this risk by implementing robust analytics technologies to provide better inventory management and overall supply chain management. Failure to do so would result in extreme inaccuracies in inventory management and additional delays throughout shipping processes.

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COVID-19 By The Numbers. My Takeaway For Supply Chain Leaders

Supply Chain Shaman

While many might fixate on the size of the impact on the United States, what is important to me in this chart is the conspicuous absence of China, North Korea, and Japan. While Asian markets are struggling with the shifts in demand in Europe and North America, they have relative stability in their home markets.

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Sorry, I’m Not Sure: Supply Chain and Logistics Predictions for 2018

Talking Logistics

North Korea : The more missiles North Korea launches and tests, the greater the risk for military conflict — or worse. In short, relations between the United States and North Korea have significantly degraded this past year and it doesn’t look like things are going to improve anytime soon.

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Navigating the Future in an Uncertain Political and Regulatory Environment

NC State SCRC

There are some talks going on between North Korea and China, and as China buys a lot of coal from North Korea, so this may take a while in terms of pressure, but the two at least are in talks following Trump’s visit with the Chinese leader. India and China are both growing at rates of 6-7% as well.