article thumbnail

How Europe is Coping with Supply Chain Disruption

Jaggaer

Can the complex global supply network survive the COVID-19 pandemic? Define your procurement response strategy. In Italy, for example, approximately 150,000 agricultural labourers are from abroad, according to the Italian statistical office, Istat. Adapting to the present and future challenges of COVID-19.

article thumbnail

How 2011 Prepared Us for Today

ivalua

We had scientifically proven methods to prevent supply chain disruptions: safety stock, TQM, and optimization to name a few. Despite severe disruptions, most goods are still flowing across the globe to satisfy consumption. 84% of “Beginner” procurement organizations did not proactively monitor for risk.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are the Supply Chain Management Lessons to Learn from the Covid-19 Crisis

ivalua

There are glimmers of hope, such as slowing infection rates in Italy and Spain, and the opening of factories in China, but a true end to the crisis remains out of sight. There are, however, already some clear lessons to be learned by Procurement and Supply Chain leaders. Balance Procurement Objectives.

article thumbnail

July 2022 Global Manufacturing Indices Indicating Declining Momentum

Supply Chain Matters

Of added concern, manufacturing powerhouses of France, Germany, Spain and Italy each had contraction level PMI values. Germany and Italy values were noted as being 25-month lows. The report authors indicated that this was the sharpest decline in production since the initial wave of Covid-19 lockdowns in May 2020.

article thumbnail

How The Coronavirus Epidemic is Throttling Global Supply Chains

Logistics Bureau

The impact on supply chains is particularly apparent in the following two broad areas— shipping and procurement of products/components/raw materials. COVID-19 Impact on Procurement. In South Korea , Hyundai announced the suspension of its production lines due to supply chain disruptions in China.

article thumbnail

Supply Chain Matters News Capsule Follow-Up September 9 2022

Supply Chain Matters

The report indicates that many economists are already predicting a recession in Germany , Italy and other areas of the Eurozone before the end of this year. Rising interest rates imposed globally run the risk of added dampening of demand and less funds to support vulnerable populations.

article thumbnail

How to Manage Supply Chain Impacts from the COVID-19 Pandemic: From Walmart to Tesla to ThroughPut Inc

ThroughPut

Part 1: The Impact of a State of Emergency on the Supply Chain, Disruption to Businesses, Daily Life, and unnecessary Waste. For example, once my supply of things that I need (i.e. food, toiletries, cleaning supplies) start running out, I go to the store to replenish my weekly/monthly average needs.