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I believe many of us are spending an abundance of time reading about the Russia-Ukraine war. But the topic is also of significance to supplychain practitioners. In fact, supplychains are being impacted directly by the war and by the sanctions being put in place in response. Beyond Fossil Fuels.
Over four-hundred days of war in Ukraine. The global supplychain is built on three assumptions: rational government policy, availability of reasonably priced logistics, and low variability. In March 2023, the Global SupplyChain Pressure Index fell to the lowest level since November 2008. Unrest in Sudan.
Five years ago, we all thought the COVID-19 pandemic resulted in the most disrupted supplychain landscape we would ever see. Since then, supplychain disruptions and volatility have only increased. The Ukraine-Russia conflict is ongoing. We were wrong. Tensions flare in the Middle East without warning.
My recent conversations with the supplychain practitioners are dominated by supplychain risk — specifically geopolitical risks in light of the ongoing Russian invasion of Ukraine. Let us dive deeper into how supplychains are getting disrupted. Now, this risk is further amplified.
The modern supplychain is a complex beast. Let’s dive into the challenges of the supplychain and learn how to tackle them. According to a report by the Council of SupplyChain Management Professionals (CSCMP), over 40% of eCommerce orders in the US undergo at least one change before reaching the customer.
1 million refugees have fled Ukraine in one week. Read more Above the Fold: SupplyChain Logistics News (March 4, 2022). Read more Above the Fold: SupplyChain Logistics News (March 4, 2022). I’m trying to wrap my mind around it, trying to make some sense of it all, but I come up empty, except for this: we learn.
Discover the top supplychain disruptions of 2024 and other significant supplychain trends from Resilincs exclusive data. The supplychain landscape in 2024 was characterized by significant transformations and challenges, with resiliency as a key theme across all industries.
Peter Tirschwell and Joe Lynch discuss the post-pandemic supplychain. Peter is Vice President in the Maritime, Trade & SupplyChain division of S&P Global , a global data, analytics and business intelligence organization serving sectors including maritime, energy, automotive, petrochemical and financial.
Ukraine in the news: War in Ukraine disrupts ships around the globe. Ukraine invasion and the semi-conductor chip impact. Cyberattack on Toyota’s supplychain shuts 14 Japanese factories. Xerox addresses $300m backlog due to supply shortages. The world’s biggest container ship operators, A.P.
Will the supplychain ever catch a break? With every link of the supplychain impacting businesses both large and small, keeping up with the globally disrupted supplychain evolution is a recipe for whiplash. Raw Material Shortages Are Affecting a Challenged SupplyChain.
For example, shippers spent much of last year bemoaning soaring ocean shipping rates and ships waiting for days to unload once they reached their destination port. inflation rate will go down by itself, because the cause is mostly caused by supplychain issues? But often recessions are the result.
Driving Sustainable Growth Through SupplyChain Resilience. Every industry sector and every business across the board, in APAC and around the globe have been impacted by the Great SupplyChain Disruption over the last two years, causing a blow out of transportation costs and continuous delays at every stage of the channel.
At the onset of the Covid-19 pandemic, supplychain disruption became a common phrase in the media. Supplychain disruption became a key talking point for just about everyone. But now, we are in a new era of supplychain disruption. Supplychain disruption will also affect the holiday season.
I thought I understood all the major supplychain implications of the pandemic until I began reading Yossi Sheffi’s new book The New (Ab)Normal: Reshaping Business and SupplyChain Strategy beyond Covid-19. Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia shells Ukraine.
A SupplyChain Design Solution from Coupa Imagine you’ve just received the job offer of your dreams. If you have been through this process at least once, you already have a good idea of what supplychain design is about: optimization. The interview process is over, but more challenges are ahead.
“May you live in interesting times,” widely attributed as a Chinese curse, some claim this as a blessing; whichever side you take, this is exactly what’s happening in the supplychain world since 2020, and it looks like we will be living with this blessing/curse for a while longer. Emerging Themes for SupplyChain Planning.
That’s why staying on top of the latest supplychain planning trends is so important – they can make all the difference when it comes to staying competitive, reducing costs, and meeting your customers’ needs. Here are some highlights from these trends in 2023 and implications on supplychain planning.
Then, warehouse performance became more closely linked with the overall customer experience due to the rise in direct-to-consumer shipping. E-Commerce and direct-to-consumer shipping exerted several competitive pressures on warehouses. Then the COVID-19 pandemic caused global supplychain disruptions and all bets were off.
A wave of chaos followed that turned the supplychain upside down, forcing it to adapt, transform, and learn at an accelerated pace. 3 long term changes to the supplychain 1. Or the Panama Canal drought, which forced authorities to cancel ship crossings by 36%, costing between $500 million and $700 million.
Supplychain and logistics functions have been one of the most volatile in the global economy of the last four years. However, the immediate changes in consumption patterns and the subsequent “get out of the house” rebound were quickly followed by widespread inflation and the Ukraine war. But what about now?
Ben Gordon and Joe Lynch discuss highlights from the BGSA Conference , an annual event designed to bring together top industry leaders from all segments of the supplychain and provides an intimate and candid setting where CEOs and leaders can privately network and explore ideas with their peers.
Port bottlenecks that have increased supplychain congestion because of the war in Ukraine and lockdowns in China may be showing signs of easing, according to one of the world’s biggest shipping companies.
Oren is the Founder and CEO of Flock Freight , a Certified B Corporation that’s been reinventing freight shipping since 2015. SolSource Logistics opened Oren’s eyes to how wasteful traditional freight shipping is. Flock Freight is a Certified B Corporation that’s been reinventing freight shipping since 2015.
Russia’s brutal invasion of Ukraine intensifies the product shortage and price rise issues we have come to associate with Covid-19. The conflict in Ukraine has accelerated these trends in dramatic fashion. an outcome that became a distinct possibility after Russia invaded Ukraine. The good news?—?if
Two recently published studies identify the top disruptions that impacted industry, business and global supplychains during 2024 and our expected to be present in 2025. According to the releas e , overall disruptions to global supplychains increased 38 percent on a year-over-year basis.
Discover the top geopolitical risks set to affect the global supplychain this year. 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 supplychain.
Some sellers have said their customers return items at a higher clip on Amazon than when bought from other outlets, a discrepancy they chalk up to Amazon’s easy checkout process and fast Prime shipping. America shipped, received and returned 21.2 funding before starting new production for Ukraine. By 2028, annual U.S.
As we watch Russia’s invasion of Ukraine unfold, the real cost of this war is plain: lost lives, families that are forever altered, and destroyed communities. Two top European shippers — Maersk and DSV — have warned that freight costs will likely remain high well into 2022, adding to the global supplychain chaos.
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.
Ukraine says Grain Deal will be Extended Following a United Nations brokered deal, to allow exports of Ukrainian grain from the Black Sea, is set to be extended by a…
Ukraine requires more ships to relieve grain supplychain Last week provided some relief for global food supplychains as the first ship loaded with grain left a Ukrainian port…
As part of our ongoing commitment to keep our blog readers updated on what’s happening in the supplychain and logistics world, we’re launching a regular industry news roundup, which we’ll release periodically. The grain blockaded in Ukraine. The grain blockaded in Ukraine.
In the hyper-connected global economy of the present day, supplychains traverse continents, cultures, and myriad communication barriers. Having access to an audio translator can be the difference between quick resolution of issues and ballooning interruptions throughout the supplychain.
Executives are plotting alternate supplychains or devising products that can be made elsewhere should China’s hundreds of thousands of factories become inaccessible. That prospect became more conceivable, they said, after the 2022 invasion of Ukraine prompted companies to sever ties with Russia, sometimes taking huge write-downs.
This will certainly be an interesting area to watch, especially as electric vehicles become more commonplace and apply to the global supplychain. Shipping companies added capacity, but now containers are stuck in port. During the peak of port congestion in 2021, as many as 30 ships were waiting to enter an Oakland berth.
Truly resilient supplychains can only be built with complete visibility. The COVID-19 pandemic may have been the catalyst for the ongoing supplychain crisis, triggering economic slowdowns, layoffs, and production stoppages, but it is certainly not the whole cause. Recent SupplyChain Disruptions.
The high stock levels are the result of retailers, wholesalers and manufacturers stockpiling everything from beer to DIY tools, chemicals and clothes as COVID-19 lockdowns snarled supplychains and shut factories. Now, global demand is falling as borrowing costs have risen, so companies have started running down stocks. 11 release.
Subscribe to SupplyChain Game Changer. SupplyChains Are Broken. Have you found that the consistent supply and reasonable prices in the Electrical SupplyChain that you were used to before COVID-19 hit have not returned as soon as you hoped, or as soon as some experts predicted? Subscribe Here!
Global supplychains were starting to recover from two years of upheaval caused by the pandemic when the military crisis hit. The further disruption caused by Russia’s invasion of Ukraine could cause major disruptions to the global supplychain and impact South Africa. Supplychain challenges.
Like the rest of the world, I watched with heartbreak as the conflict in Ukraine began. My heart goes out to people of Ukraine, along with their families and loved ones. For those of us who work in global supplychains, we look at these types of situations through a different lens.
Get the insights beverage companies need to meet today’s biggest supplychain challenges. Port congestion, shipping delays, and other supplychain disruptions are affecting industries across all economic sectors, and that includes beverages of all types. Carbon dioxide is in short supply in the U.S.,
Subscribe to SupplyChain Game Changer. The Single Point of Failure in SupplyChain – Semiconductor Fabrication! There are a variety of ongoing disruptions caused by Russia’s invasion of Ukraine and the resulting economic Russian sanctions coming from other countries. Subscribe Here! Email Address.
Sunflower oil supply disruptions causing havoc for supplychains The recent invasion of Ukraine has led to disruptions of almost half of the world’s sunflower oil exports, meaning companies are…
For global businesses, supplychain resilience is the name of the game. As a result, supplychain leaders have been exploring alternative, more predictable options. The key will be to leverage available opportunities and address gaps to ensure the SEA supplychain can compete on a global level.
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