Supply Chain Game Changer
OCTOBER 1, 2022
With shipping fees, language barriers, and tariffs, managing the logistics of global supply chains can be an overwhelming endeavor. As the Russian invasion of Ukraine has shown, geopolitical tensions can rapidly shift and severely impede international supply chains. Outsourcing Sourcing! 5 Lessons from Around the Globe!
Taulia
MARCH 15, 2023
Russia’s invasion of Ukraine compounded this difficult situation in early 2022. Post-Ukraine energy prices are, of course, a key factor, with the UK a significant net importer of energy, and they no doubt played a role in sustaining inflation throughout 2022. In September 2022, the pound fell against most major currencies.
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MIT Supply Chain
OCTOBER 27, 2022
World-scale crises like the Covid-19 pandemic and the war in Ukraine are also playing a part. Also, soft skills such as communication, the ability to collaborate effectively, change management, and creativity are gaining in currency. The supply chain field is not alone in being buffeted by these forces.
Supply Chain Movement
SEPTEMBER 16, 2014
In 2004, the Fed’s dollarisation strategy was starting to have an effect on the local currencies against the USD. They were buying or producing all their materials in The Netherlands, shipping them to low-cost countries like Hungary, Romania and Ukraine for manufacturing and then shipping the products back to The Netherlands for distribution.
Resilinc
FEBRUARY 28, 2023
Until now, Turkey’s economy has grown steadily since the pandemic due to a surge in exports and tourism caused by disruptions and weak currency in Asian supply chains according to the Wall Street Journal. Port closures may worsen the chrome ore shortage in China due to shipping disruptions.
Elementum
JUNE 28, 2017
Last May, a ransomware named WannaCry infected over 230,000 computer systems worldwide, and just recently an updated variant called NotPetya managed to hit over 2,000 users in Russia, Ukraine, Poland, France, Italy, the UK, Germany and the US.
QAD
OCTOBER 1, 2019
The government is looking for ways to encourage migration of qualified workers from nearby countries such as Slovakia and Ukraine. Despite joining NATO in 1999 and the European Union in 2004, the Czech Republic has not adopted the Euro and still uses the Czech koruna as its official currency. . Austria and Italy. Political Landscape.
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