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Unrest in Sudan. As consumer spending fell, the days of escalating ocean freight and extreme shipping variability eased this year. Build in-market sourcing. Rationalize global strategies to focus on building markets based on in-market sourcing. Over four-hundred days of war in Ukraine. What is normalcy?
COVID is far from over and food instability, coupled with drought, is driving migration from Sudan to Europe. To put this in perspective, if they had no planning system and no planners and just assumed that they would ship based on prior shipments, the forecast would be better, and the inventory levels more accurate.
2022 highlighted the importance of sanctions compliance for crypto firms, with OFAC announcing its first ever crypto enforcement action against Bitrexx for apparent violations of multiple sanctions programs against Iran, Sudan, Syria, Cuba, and the Crimea region of Ukraine. Sino-American relations are descending to an all-time low.
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