Middle East conflict threatens global supply chains
Lisa Anderson, quoted in Procurement Pro, has stressed the pressing need for companies to address weaknesses in their supply chains amid growing global instability.
Lisa Anderson, quoted in Procurement Pro, has stressed the pressing need for companies to address weaknesses in their supply chains amid growing global instability.
Opportunities to increase market share will increase when companies are pre-positioned for growth in a resilient and scalable way.
Ramp It Up! explores actionable strategies for supply chain executives to prepare for the looming threat of tariffs. In under 90 seconds, get key insights on how to stay proactive and protect your supply chain from potential disruptions.
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 [...]
Lisa Anderson highlights the urgent need for companies to address vulnerabilities in their supply chains as global instability continues to escalate. The recent attacks in the Middle East, where hundreds of pagers used by Iran-backed Hezbollah exploded in Lebanon and Syria,
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.
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.
The supply chain is in a constant state of disruption. As we discussed on Supply Chain Chats, simple backup plans are no longer enough. In fact, you can look at recent events and determine if a backup is sufficient. Starting with the pandemic, of course, most if not all companies didn't have a sufficient enough backup plan.
Horribly, a container ship collided with the Francis Scott Key Bridge, and much of the bridge collapsed. From a supply chain point of view, it has caused significant near-term impacts and extended disruptions in the region.