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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. Cooper University Health Care Selects Interos Over the past 15 years, modern risk management platforms have evolved. Then the risk solution fills in the gaps. But there was a cost to this.

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Petrochemical demand is up and prices are spiking

Resilinc

This period of high prices and margins coincided with—and was partly supported by—supply chain disruptions, including the February 2021 deep freeze on the Texas Gulf Coast and port and shipping congestion in much of the world. The post Petrochemical demand is up and prices are spiking appeared first on Resilinc.

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Trends 2024: Risk Management

Enterra Insights

Journalist Andrew Freedman explains, “Geopolitical risks in the Red Sea and extreme weather in Central America are converging, jostling global supply chains fed by the Suez and Panama Canals.”[5] ”[5] He adds, “Most major shipping firms are avoiding the Red Sea entirely and re-routing around the Cape of Good Hope.

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El Niño May Have Your Supply Chain Partying Like It’s 1997

Kinaxis

A massive El Niño occurred in 1997-1998, unleashing record rains in California, deadly tornados in Florida, and a brutal drought in Indonesia, thus landing the term firmly on the radar (no pun intended) of millions of people around the globe. El Niño may serve as the ultimate test of supply chain risk management and resiliency.

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The Cost of Climate Change on Your Supply Chain

Kinaxis

That means placing higher value on commodities that don’t need to be packed or shipped – things like ideas and great content, and other assets that can easily be transmitted digitally. The number of heat stress days may rise to as high as 364 in Singapore and Malaysia, with Indonesia looking at 355 days and the Philippines 337.

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Large Shipping Losses Have Declined 38% over Past 10 Years

Material Handling & Logistics

There were 94 total losses reported around the shipping world in 2017, down 4% year-on-year -- the second lowest in 10 years after 2014. In 2017 the downward trend of large shipping losses continued, according to a new survey, Allianz Global Corporate & Specialty's (AGCS) Safety & Shipping Review.

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Essential Skills for Supply Chain Leaders in Asia during Pandemic

The Logistics & Supply Chain Management Society

By revisiting and optimizing their inventory management practices, companies can better navigate the challenges posed by the pandemic and emerge stronger, with more resilient supply chains that efficiently cater to evolving market demands. Dr. Tan obtained his PhD in Operations Management from Nanyang Technological University in 2005.