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Supply Chain Risk Management in 2024: A Forward Look with Tom Linton

Resilinc

For example, when the conflict started to move outside of Gaza and into the Middle East, Yemen attacked ships in the Red Sea. If it’s not easy to do business in China, companies will shift to Vietnam, India, or other countries that are easier to do business with. Then, there are conflicts in the Middle East and Ukraine.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

Navy’s SEAL Team 3 began to climb aboard an unflagged ship that was carrying illicit Iranian-made weapons to Yemen. As early as the 1970s, countries began to claim islands and various zones in the South China Sea, such as the Spratly Islands, which possess rich natural resources and fishing areas.”[4] Baldor recounts what happened.[6]

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Navigating the Future in an Uncertain Political and Regulatory Environment

NC State SCRC

He also noted that many companies have a strong focus on globalization, as countries like Yemen, Mynamar, Cote D’Ivoire, and Mongolia have 7-8% growth rates. India and China are both growing at rates of 6-7% as well. Textiles in India is going up – but geopolitical risks are still very high in all of these regions.