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The Advantage of Speed: The Cooper Health Supply Chain Relies Upon Real-time Risk Alerts

Logistics Viewpoints

I was on the phone with Australia, China, Indonesia – really everywhere – trying to negotiate directly with suppliers. Buying organizations use this technology to monitor and analyze supplier risk events in real-time. I don’t need to know about Tier 2 events for my market suppliers. But there was a cost to this.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Recent events remind us how big the world is and how vital ocean supply lines are for the global economy. That means maritime shipping lies at the very heart of the global logistical system. ” Unfortunately, these security concerns are not the only challenges international shipping is facing. patrol the Horn of Africa.

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Hollywood’s Top 10 Supply Chain Disaster Movies

Resilinc

In this blog, we look at the top 10 supply chain events in disaster movies based on economic impact and general disruption to supply chain operations. Historical events like Pompeii (2014) are omitted, assuming supply chains were relatively less connected way back then. The second rule avoids true stories and classic disaster movies.

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IMF Points to a Gloomier 2023 Economic Outlook

Supply Chain Matters

In conjunction with the summit meeting of G-20 leaders held in Indonesia , the International Monetary Fund (IMF) indicated that the expected 2023 economic outlook appears gloomier that that forecasted just last month. Stay tuned since events and assessments are ongoing and fluid to state the least. . Bob Ferrari.

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How Will Climate Change Impact Supply Chains in 2024?

Resilinc

This drought impacted hydropower, disrupted shipping, and affected five million people in southern China, according to the World Meteorological Organization. However, low rainfall and rising temperatures have accelerated evaporation, causing water levels in the river to plummet.

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Trends 2024: Risk Management

Enterra Insights

Journalist Ben Unglesbee reports, “Extreme weather events are the top risk facing supply chains in 2024, according to an annual outlook report from Everstream Analytics. ”[5] He adds, “Most major shipping firms are avoiding the Red Sea entirely and re-routing around the Cape of Good Hope. Climate Change Risks.

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“Too Big to Fail”: 10 Things you Need to Know About El Niño

Elementum

Deemed “too big to fail” by NASA , the weather event will impact supply chains at every stage. As the event starts to take effect, here are ten things you should know about how different weather systems will impact your supply chain. This El Niño will be as big—or bigger—than the last record-setting event in 1997.