A UPS strike was averted on the last day of the quarter, but it still hangs in the balance as the two sides are not on the same page! The head of the union said an imminent strike was likely when a counterproposal fell flat. Now that a new counterproposal was submitted, the imminent strike was called off with a new date set within a week.
The world of supply chain and logistics has been plagued with volatility, disruptions, geopolitical issues, concerns about energy availability and transition, and increased regulations.
There are mountains of geopolitical threats going on with significant impact on the supply chain. Most, if not all of these also relate to natural resources.
The world of supply chain and logistics has been plagued with volatility, disruptions, and increased regulations. Several issues are converging simultaneously, creating a precarious path forward. In this webinar, we will talk about the current status of the supply chain and what the successful and unsuccessful paths forward will look like.
According to an article in Foreign Affairs, the per capita available water supply around the Northern China Plain (253 cubic meters) is nearly 50% below the UN definition of acute water supply.
On a recent trip to Europe, I was fortunate to combine work with pleasure. Finland is diverse from Helsinki to the arctic circle, and we were thrilled to gain picturesque views of the northern lights. I was surprised there are multiple cruise ships that go from Helsinki to Estonia each day because the people and countries are interconnected.
Listen to find out how some of the top supply chain consultants around the world are working with their clients to help them deal with rising inflation and interest rates.
Despite all of our hopes for a post-COVID future, in 2022, the world did not return to normal. New disruptions slowed the recovery significantly and inflation created new complications. According to a 2022 report from Interos, supply chain interruptions have cost companies an average of $182 million in lost revenue this year.
The Wall Street Journal recently issued an article about how supply chains upended by COVID are back to normal. “There is no such thing as normal, despite the fact that supply chains are looking at COVID in the rearview mirror. While suppliers may be more consistent at the moment, customer expectations have changed.
According to the The Journal of Commerce, the West Coast ports are losing volume. The West Coast share of imports coming from Asia is down from 61.1% in 2021 to 58.8% in 2022 while the East Coast and Gulf Coast ports rose. According to the JOC, the ILWU contract negotiations are causing this change although there are concerns about drayage and rail as well.
