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

Logistics Viewpoints

My recent conversations with the supply chain practitioners are dominated by supply chain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Here are some ways supply chains are being impacted by the situation in Ukraine. Let us dive deeper into how supply chains are getting disrupted.

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Supply Chain Normalcy? Think Again.

Supply Chain Shaman

Over four-hundred days of war in Ukraine. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. In the face of variability, this is two-to-six weeks too long to make allocation or procurement decisions. Growing tensions between China and trading partners.

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

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Ukraine supplies approximately 50% of the world’s neon gas.

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This Week in Logistics News (April 30 – May 6)

Logistics Viewpoints

McCormick’s diverse supplier network helps shield it from Ukraine impacts. Empty shipping containers stack up at US port depots. The company has faced sourcing constraints as a result of the war in Ukraine, causing the company to rely on second sourcing capabilities for its mustard procurement.

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Driving Sustainable Growth Through Supply Chain Resilience

The Logistics & Supply Chain Management Society

With the crisis in Ukraine and sanctions imposed on the Russian Federation, fuel and energy prices are now soaring. The delays are attributed to supply chain issues at every stage – from the time of booking transport to gate in at the port as well as ocean transit time of shipping containers. GLOBAL CRISES DRIVE PRICES SKY-HIGH.

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Keep These 6 Geopolitical Supply Chain Risks on Your Radar in 2024

Resilinc

In 2023—if it wasn’t already—geopolitics became top of mind for every procurement professional. With the ongoing war between Russia and Ukraine, the Israel-Hamas War, and the crisis in the Red Sea, the shockwaves these conflicts sent throughout their nations and the world have been felt everywhere—especially in the supply chain.

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Top 6 Retail Trends & Supply Chain Planning Challenges in 2023

Logistics Viewpoints

The Russian invasion of Ukraine and the following economic sanctions spiked energy prices and created new sourcing challenges for certain agricultural products and raw materials. Shipping items back and forth creates needless greenhouse gas emissions, and only 54% of all packaging gets recycled.