Remove Cargo Remove Puerto Rico Remove Supply Chain Software
article thumbnail

How the Supply Chain Can Thrive in the Face of Natural Disasters

Material Handling & Logistics

As climate change drives up the regularity of natural disasters, supply chains must rely on real time data to thrive. . . . . Supply Chains at Risk. How then can your business protect itself from the risks of such overwhelming supply chain disruptions? Graham Parker. . To put it simply, context matters.

article thumbnail

Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Cost of Disaster

Elementum

Hurricane Maria, which knocked out all power supply for 3.4 million residents in Puerto Rico for more than three months, cost $90 billion, while Hurricane Irma, the most powerful Atlantic hurricane in recorded history, left 97 people dead and recorded losses of $50 billion.

article thumbnail

Supply Chain Best Practices: Preparing for the Worst

Elementum

Supply chain disruptions are inevitable, whether resulting from natural disasters, technical failures, worker strikes, or other unforeseen incidents. What can supply chain managers do to ensure that action is taken quickly and efficiently when disruption strikes? Identify Risks in Your Supply Chain.

article thumbnail

Last-Mile Success - Closer and Faster

Cathy Roberson

Many retailers were slow to invest in required technologies until 2020 when the COVID pandemic temporarily forced physical stores to close and/or limit hours of operation, e-commerce purchases jumped, and last-mile delivery providers struggled to deliver goods on time to consumers. Costco, for example, acquired Innovel Solutions in 2020.

article thumbnail

This Week in Logistics News (November 18-22, 2013)

Talking Logistics

HighJump Software Announces Middle East Partnership. Port truck drivers on West Coast protest costs, working conditions ( Cargo Business News ). We plan to leverage these synergies, and integrate Optima’s proprietary software with our last-mile technology. Canada, and Puerto Rico will increase an average net of 4.9

article thumbnail

Climate Change and the Supply Chain

Elementum

As climate change risks grow — rising sea levels, change in precipitation patterns, extreme droughts and heat waves, and intensification of hurricane events — global supply chains are vulnerable to major disruptions. An insurance company actually provided a global flood map as a new strategic planning tool for risk management.