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Risk Management in Halal Supply Chains

The Logistics & Supply Chain Management Society

Marco Tieman , Chief Executive Officer at LBB International Background According to the 2022 State of The Global Islamic Economy Report, the global Islamic economy is an estimated USD 2 trillion industry consisting of the following key industries: halal food, modest fashion, media & recreation, travel, pharma, and cosmetics.

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Blockchain has Potential

Enterra Insights

Tracking payment information, such as purchase orders. Managing trade documentation. Managing supply chain risk. Managing demand and supply planning. Managing inventory. Managing freight transportation. Managing product returns. Sharing information with suppliers.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

How the Supply Chain Crisis is Impacting Businesses and Consumers. 66% of consumers are concerned that supply chain issues will never end ( Chain Store Age ). 82% of people have concerns that the supply chain will ruin life plans, such as birthdays, vacations, holidays, and the purchasing of necessary items.

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Supply Chain Case Study: the Executive's Guide

Supply Chain Opz

In order to compensate a long waiting time, Adidas uses air freight or courier service. The reason why they can do this is that customized products are sold directly to customers so they have the higher profit margin to compensate the higher transportation cost. About 20% of orders are direct-to-store (for example, dog food products).

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Innovative Solutions to Guard Against Supply Chain Disruptions and Challenges

BlueYonder

For example, the conflict in Ukraine is making it difficult to get wheat out of the country and could lead to food supply shortages, especially given Ukraine is one of the world’s largest wheat exporters. In the e-commerce industry, if the items arrive late, customers may not purchase from the same retailer again.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

The potential supply chain impacts of this conflict dwarf any other supply chain news that might be reported. The Potential Impact on the Commodity Supply Chain. They apply their own human expertise plus machine learning to this Big Data to predict estimated times of arrivals and pricing.

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This Week in Logistics News (January 14-18, 2019)

Talking Logistics

As reported by The Loadstar this week, “Blockchain logistics start-up OpenPort has notified shareholders it is out of funds and intends to proceed with liquidation.” In the pilot, two large global chemical companies facilitate document and data transfer of invoices, purchase orders, delivery tenders and proof-of-delivery posts.