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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.

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The war in Ukraine and the role of supply chain professionals

Procurement Academy

Over 250,000 US companies, and over 160,000 European companies, have direct or indirect suppliers in Russia and Ukraine. Energy : Russia was the second-largest global exporter of oil and has been supplying over 30% of Europe’s gas. More broadly, we can expect disruption of logistics networks and increased transport costs.

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Mid-Year Assessment of 2022 Supply Chain Sourcing Predictions- Part Two

Supply Chain Matters

Restoring More Direct Control in Materials Sourcing. Prediction Two of this year predictions indicated the following: Restoring More Direct Control in Strategic and Tactical Direct Material Sourcing Will be the Driving Force for Businesses and their Supply Chain Management Teams in the Coming Year. Mid-Year Assessment.

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This Week in Logistics News (April 16 – 22)

Logistics Viewpoints

Hasbro plans to further hike prices of toys, warns of $100 million Russia hit. Of these 37 projects, 23 are in the US, which brings Amazon’s total clean energy procurement in the US from 7.2 Amazon on path to reach 100% renewable energy by 2025. USPS slowing first-class package delivery to lower costs. GW to 10.4

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The impact of regional instabilities on the Global Supply Chain and how ERP can help

SYSPRO Smarter ERP

Even companies without a direct supplier connection in Russia or Ukraine will experience debilitating disruption across industries from energy to agriculture. On top of that, uncertainty over the conflict will lead to higher oil and natural gas prices worldwide, even if additional supply outside of Russia comes online.

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Global Wide Manufacturing Output Strengthens in March 2024

Supply Chain Matters

India has again demonstrated the highest level of PMI growth and the report authors point to Greece, Indonesia, Russia and Brazil as demonstrating stronger rates of expansion. This is not only from the notions of China Plus sourcing actions, but is responding to export demand from other Asian, Europe and U.S. import needs.

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Supplier Relationship Management in a Time of Fragmented Supply Chains

QAD

As the supply chain breaks, manufacturers must find new suppliers and new transport routes and find them rapidly, so that production doesn’t come to a halt. Continued fallout, including transport congestion, limited air freight and rail freight transportation in the Asia-Europe lanes, because of the Russia/Ukraine conflict.