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The Supply Chain Response to India’s Second Wave of Covid!

Supply Chain Game Changer

Russia sent covid assistance in the form of oxygen concentrators and generators. The USISPF through donations from its member companies also sourced 1,00, 000 portable oxygen concentrators for home and hospital use. While Germany offered help in setting up mobile oxygen production plant and provided 80 million K95 masks.

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COVID-19 and Ukraine Conflict Global Supply Chain News Capsule March 23 2022

Supply Chain Matters

Bloomberg reported this week that more than a million containers scheduled to travel the trans-continental rail link between Eastern China and Western Europe now have to find alternative sea routings because of the conflict restrictions and sanctions imposed on Russia. The situation is reportedly adding to congestion among China’s ports.

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Precoro's response to Russia's invasion of Ukraine

Precoro

To reinforce this sentiment, we audited our client base to ensure that Precoro has no clients in Russia or Belarus and does not financially or technologically contribute to the aggressor's nation. We have also blocked access to our website and product from Russia and Belarus from day one.

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How To Overcome The Current Supply Chain Disruptions As A Manufacturer

Precoro

Such an interruption can affect any of the supply chain steps, often involving sourcing of raw materials, production, and distribution of goods or services. Both Ukraine and Russia are among the most important producers of the abovementioned commodities in the world. These are just a few supply chain disruption examples.

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Sorting out Risk in FinTech Source Chains

NC State SCRC

But emerging technology is now beginning to create new ways to think about sourcing risk, which in the past has been a very manual, encumbered process. This has caused banks to look at the flow of activities in the “source chain”, which refers to the way that third parties use bank data for different opreations.

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Supplier Onboarding: Tips and Proven Methods

Precoro

Establishing resilient supply chains is one of the top priorities for modern businesses, particularly when operating amid geopolitical volatility like the post-Covid aftermath, global repercussions of Russia's invasion of Ukraine, or extreme weather events.

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Turkey Earthquake: Key Industries, Exports, and Sites Impacted

Resilinc

In total 15 countries were affected including Syria (which also declared a state of emergency), Cyprus, Lebanon, Jourdan, Palestine, Egypt, Southern Cyprus, Turkish Republic of Northern Cyprus (TRNC), Iran, Iraq, Saudi Arabia, Georgia, Russia, Azerbaijan, and Armenia.

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