This is how companies deal with the Red Sea crisis: planes, storage, and closest suppliers.
Lisa Anderson, Manufacturing & Supply Chain Expert Addresses Increased Supply Chain Volatility Amidst Red Sea Tensions and Global Disruptions
The recent turmoil in the Red Sea, triggered by Houthi drone and missile attacks, has significantly amplified risks in global shipping, particularly affecting the Suez Canal and Red Sea routes.
- Houthi attacks on ships escalate: Experts look to COVID supply chain lessons GalleryGlobal Trade, Geopolitics, & Import/ Export, In The News, In the News Highlights, Media, Supply Chain Trade & Logistics, Transportation & Goods Movement
Supply chain disruptions are nothing new for the shipping industry. The COVID-19 pandemic presented an unprecedented challenge for the industry. Lisa Anderson comments on the disruptions arising from the current Houthi attacks in the Red Sea and the implications.
- Supply Chain Volatility, Risk & Capacity Remain Critical Priorities as Highlighted by Mexico Train & Red Sea Delays Gallery
Supply Chain Volatility, Risk & Capacity Remain Critical Priorities as Highlighted by Mexico Train & Red Sea DelaysGlobal Trade, Geopolitics, & Import/ Export, Supply Chain Briefing, Supply Chain Trade & Logistics, Transportation & Goods Movement
Supply Chain Volatility, Risk & Capacity Remain Critical Priorities as Highlighted by Mexico Train & Red Sea Delays
The best consulting clients are razor focused on supply chain volatility, risk and capacity. The recent events in the Red Sea highlight these critical priorities.
China is Israel’s number two trading partner, and so there will be a significant impact to that trading relationship during the war. There will be disruptions due to labor shortages as business workers are called up as army reservists, and as disruptions occur due to the war.
Israel was attacked by Hamas, and the world has another war in another region of the world. Since the global supply chain is interconnected, in addition to the devastation in the region, supply chain impacts will emerge.
Lisa Anderson, Manufacturing & Supply Chain Consultant Addresses Supply Chain Vulnerabilities Amidst Israel-Hamas Conflict
The Israel-Hammas conflict is a stark reminder that global supply chains can be disrupted by unforeseen political events. No matter the safeguards in place, events like this can be major disruptors. That is why organizations must cultivate options to mitigate risk and protect their bottom line