Shipping and Supply Chain Stability at a Turning Point
Supply chain is rife with disruptions, and it’s not going to change any time soon.
Supply chain is rife with disruptions, and it’s not going to change any time soon.
Hurricane Milton has blown through Florida. In addition to continuing havoc since it occurred close behind Hurricane Helene, it has created further supply chain disruptions that will have ripples throughout the globe.
All it takes is a month on the ropes to potentially crash your business, Lisa Anderson warns in this article for Inc.
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.
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.
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.
Turbulent times are upon us. According to Reuters reporting from the Bank of America, geopolitics has leapfrogged inflation as the most significant risk to the market, and that was proven true as the market slumped with the expectation of Iran's attack on Israel.
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.