article thumbnail

The Cost of Disaster

Elementum

The consequences of these unforeseen events have been far-reaching for trade networks. The crises encountered by companies during calamities call for consistent contingency and recovery plans that provide support before, during, and after the events have run their course.

article thumbnail

Hurricane Harvey & Irma's Threat on the Product Economy

Elementum

In the Bahamas, meanwhile, the extent of damage remains unavailable. Less damages were recorded in Haiti and the Dominican Republic; however, a major bridge on the island was reportedly destroyed. St Kitts & Nevis was "spared the full brunt" of Irma but "significant damage" to property and infrastructure are still highly likely.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Hurricane Harvey Updates

Elementum

As of Thursday, August 30, the number of people killed by this catastrophic event has already reached to at least 35 people, 17 people were missing while more than 32,000 people sought refuge in Texas shelters. The rain has stopped in Houston, Texas, but the traumatic conditions left by Tropical Storm Harvey have not yet cleared.

Houston 121
article thumbnail

Taking Risks that Pay Off

BlueYonder

I’ve been married for 17 years and live close to my sister, in-laws and parents so we do a lot of family events and vacations together. Thomas, Bahamas and Jamaica! I live just 14 miles from where I grew up, in Richmond, Virginia, and now live in Mechanicsville. I have a 13-year-old daughter and an 8-year-old son. What was that like?

article thumbnail

Taking Risks that Pay Off

JDA software

I’ve been married for 17 years and live close to my sister, in-laws and parents so we do a lot of family events and vacations together. Thomas, Bahamas and Jamaica! I live just 14 miles from where I grew up, in Richmond, Virginia, and now live in Mechanicsville. I have a 13-year-old daughter and an 8-year-old son. What was that like?

article thumbnail

Supply Chain Risk Management: Could You Face a Category 4 Supply Chain Disaster?

Kinaxis

by Joe Cannata With Hurricane Matthew, the most powerful storm to threaten the Atlantic Coast in over 10 years that has already brought severe damage to Haiti, the Bahamas and several Southeastern U.S. states, obvious disruptions to supply chains and supply chain risk management were a given.

article thumbnail

If You Can’t Stand the Fire, then Tame It: Chef José Andrés and Supply Chain Management

Elementum

His ThinkFoodGroup has more than 30 restaurants spread across the US and the Bahamas, and he’s received countless awards including several Michelin stars. Every single event is a one-off. In the supply chain industry, we like to say we can’t predict the next black swan event. Most notably, he has no set supply chain.