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Risk Management in Global Ocean Context

The Logistics & Supply Chain Management Society

It appears that operational and procurement risks for beneficial cargo owners or shippers, in the short term, are minimal. We can observe this quite clearly in the growth experienced in countries like Vietnam, India as well as Hungary and Mexico.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

A Chinese worker looks on as a cargo ship is loaded at a port in Qingdao, eastern China’s Shandong province. In fact, the shortage in Asia has also led to a similar crisis in many European countries, such as Germany, Austria and Hungary, as shipping carriers redirect containers to the East as quickly as possible, said Woitzik.

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Blockchain and the Law of Unintended Consequences

Enterra Insights

Cargo Volume often defines the cost of shipping freight. To put things into perspective, that’s about equivalent to the GDP of Hungary. With the help of blockchain technology, none of these issues would exist to nearly the same degree.” Increased Efficiency. ” 3. .