Remove Procurement Remove Russia Remove Sourcing
article thumbnail

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

Logistics Viewpoints

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Increased input costs: Russia is the second largest crude oil supplier in the world.

article thumbnail

Essential Technology Capabilities for Supply Chain in 2023

Logistics Viewpoints

Over the past few years, supply chain and procurement pros have faced the challenge of navigating their enterprises through one disruption after another. Despite their best efforts, current events and market dynamics caught up with them, leading to issues managing their suppliers and sourcing the materials needed for their products.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Weaponization of the Periodic Table Crimps U.S. Critical Minerals Supply Chains

Exiger Perspectives

Antimony (Sb): A metalloid used primarily in flame retardants and lead-acid batteries; predominantly sourced through stibnite (Sb2S3) ore. Even when sourcing from countries like Belgium, Germany, and Japan, there is often upstream exposure to China. Alternative sourcing: Identify additional suppliers to mitigate dependencies.

article thumbnail

The Dragons Threatening Supply Chains in 2025

Enterra Insights

The company listed potential disruptions from geopolitical flashpoints, including the Russia-Ukraine conflict, tensions in the South China Sea, and instability in the Middle East, as the second most likely risk supply chains will face. The WEF survey ranked state-based armed conflict as the most pressing concern for 2025. Cyber Attacks.

article thumbnail

Foreign Adversaries Threaten Critical U.S. Manufacturing Sectors

Exiger Perspectives

Exiger has previously analyzed Chinas regulatory moves to restrict these minerals trade flows, highlighting the need to identify alternative sources of supply. Another concerning development is Russia joining China in considering similar export controls for other key raw materials. government procurement of critical components.

article thumbnail

100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

28% of global retailers have tried to find alternative sourcing options due to supply chain issues (RetailNext, 2020). Source: Consultancy.UK. Image source: Fortune. Natural gas prices in Europe and curbs on exports from Russia and China are expected to keep fertilizer in high demand through 2023, which will lower crop yields.

article thumbnail

Procurement Trends and Priorities to Pursue in 2023

QAD

Earlier this year, QAD hosted a live webinar to explore and analyze the trends that are likely to dominate the procurement world over the coming months. It’s no secret that procurement teams have an amplified role within their businesses and that many are left with questions — our goal was to offer answers.