Logistics Viewpoints

AUGUST 14, 2023

In April of 2022, British American Tobacco, headquartered in the UK, agreed to pay $508 million in fines for selling their products to North Korea. Companies who have experienced these delays often add inventory across their network to buffer the risk. There can be big fines for noncompliance with trade regulations.

Global 176

Global Supply Chain Design Software Supply Chain Planning Software Sourcing Strategies 176

GlobalTranz

SEPTEMBER 14, 2017

Failure to do so would result in extreme inaccuracies in inventory management and additional delays throughout shipping processes. Fortunately, supply chain execs can overcome and successfully mitigate this risk by implementing robust analytics technologies to provide better inventory management and overall supply chain management.

Supply Chain Planning Software 220

Supply Chain Planning Software Supply Chain Software Supply Chain Strategy Supply Chain Planning 220

NC State SCRC

AUGUST 30, 2017

Entire warehouses full of products, as well as significant links in the global supply chain could be affected, as well as transport and other nodes. It could be extra freight and workforce overtime and probably other categories of cost which would accrue as an associated loss risk to any event.

Analytics Software 58

Analytics Software Predictive Analytics Analytics Supply Chain Planning Software 58

Talking Logistics

DECEMBER 20, 2017

North Korea : The more missiles North Korea launches and tests, the greater the risk for military conflict — or worse. In short, relations between the United States and North Korea have significantly degraded this past year and it doesn’t look like things are going to improve anytime soon.

Predictive Analytics Software 92

Predictive Analytics Software Supply Chain Design Software Supply Chain Planning Software Logistics Network Optimization Software 92