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5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

Shift in the centers of gravity of the demand: As of the beginning of April 2022, about four million Ukrainians have left the country for neighboring countries such as Poland, Romania, Slovakia, Hungary and Moldova. This has resulted in massive spikes in demand for basic necessities in these countries. This further adds to lead times.

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Want to Succeed at a Large Firm? Become an Entrepreneur

Logistics Viewpoints

Those sites are primarily located in China, Hungary, Malaysia, Mexico, Singapore, and the United States. Following production, Jabil shipped the final products directly to their customer’s retail customers. In the last fiscal year, the company had more than 260,000 employees that generated over $29 billion in revenue.

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One belt, one road, and one very blurry supply chain benefit

DELMIA Quintiq

There was just not enough products being shipped back and forth. Undoubtedly, the new infrastructure, financed almost entirely by China, will benefit the government of Serbia and Hungary. Equally, it could become a white elephant project with little impact on European freight transport times or costs.

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Shipping Container Shortage–Another Bullwhip Example

Operations and Supply Chain Management

An ‘aggressive’ fight over containers is causing shipping costs to rocket by 300%. Shipping costs have skyrocketed as desperate companies wait weeks for containers and pay premium rates to get them, according to industry watchers. The container crisis affects all companies that need to ship goods. KEY POINTS.

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The Impact of Audio Translation in Cross-Border Supply Chain Crisis Management

SCMDOJO

Logistics managers needed to arrange alternative shipping plans with carriers from the Middle East, Europe, and Asia. Suppliers in Poland, Romania, and Hungary emerged as key players. Audio translators bridged communication divides, facilitating rapid onboarding of new vendors and transport partners in non-English-speaking countries.

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Blockchain and the Law of Unintended Consequences

Enterra Insights

Analysts from Winnesota Regional Transportation assert, “From dispute resolution to administrative efficiency and order tracking, blockchain has the answer to the problems that have been plaguing the transportation industry for decades.”[2] “Cargo Volume often defines the cost of shipping freight. ” 3.

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Download now: 3PL Subway Map Europe 2016

Supply Chain Movement

Eyefortransport is currently seeing major consolidation occurring in the shipping industry and expects to see further moves as logistics providers look to take advantage of e-commerce, cross-border trade and shifting global demand. Guadeloupe. Guinea-bissau. Heard Island and Mcdonald Islands. Holy See (Vatican City State). Isle of Man.

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