Volatility, uncertainty, complexity, and ambiguity (VUCA) have plagued medtech’s supply chain since the pandemic. Drug shortages last year hit their highest levels in a decade, with 99% of hospital and health system pharmacists experiencing medicinal dearths, according to an American Society of Health System Pharmacists (ASHP) survey.
In this episode of Supply Chain Chats, Lisa Anderson talks about the extreme vulnerabilities emerging in the global supply chain. From the war in the Middle East with exploding pagers highlighting the vulnerabilities of the global supply chain to Hurricane Helene’s devastation [...]
Disruptions ramp up! Unfortunately, there was a massive hurricane that wreaked havoc in several states including North Carolina, Georgia, Virginia etc. 130 people have died and many are unreachable. Towns are destroyed including one that has a special place in my history [...]
Hundreds of pagers used by Iran-backed Hezbollah exploded in Lebanon and Syria. It appears to be a part of a plan of sophisticated, deadly attacks that targeted specific people, leaving 12 dead and thousands injured.
There has been a plethora of strikes, potential strikes and disruptions in the last few years. In fact, the threat of strikes has made its way through the supply chain.
The economy is facing headwinds with high inflation, interest rates, and concerning employment numbers. The world is on high-risk alert with the Russia Ukraine war, and the Israel Hamas war, which has expanded to Hezbollah.
There is a potential for chaos in the logistics world with simultaneous strikes from Canada's rail workers and the U.S. East Coast and Gulf Coast longshoremen. It is gaining in likelihood each day as negotiations are not progressing.
Download Lisa's mid-year special report, FutureScape: Crafting Tomorrow's Supply Chain Today.
If you follow the stock market, you might think the economy is strong. As consumers, we are frustrated with the price of everyday supplies such as food, gas, and housing.
Volatility, uncertainty, complexity, and ambiguity (VUCA) continues to rage and threaten manufacturers and supply chain chain organizations. The VUCA threshold skyrocketed during the pandemic, and it has not returned to normal.
