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The Fog of War in Ukraine Darkens the Global Economic Outlook

MIT Supply Chain

Russia’s brutal invasion of Ukraine intensifies the product shortage and price rise issues we have come to associate with Covid-19. have predicted owing to the accumulation of inventory in manufacturing. The conflict in Ukraine has accelerated these trends in dramatic fashion. The good news?—?if including myself?—?have

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The war in Ukraine and the role of supply chain professionals

Procurement Academy

Over 250,000 US companies, and over 160,000 European companies, have direct or indirect suppliers in Russia and Ukraine. Food: Russia is the world’s largest exporter of wheat, whilst Ukraine is a major exporter of corn, barley and rye. Many of these materials are crucial for electronics manufacturing, including Lithium-Ion batteries.

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This Week in Logistics News (February 19 – 25)

Logistics Viewpoints

Now of course, companies must map out the potential impacts of the Russia Ukraine war. Russia Attacks Ukraine. Russia shells Ukraine. Russia had massed some 150,000 troops along Ukraine’s borders, according to US estimates based on satellite imagery. Ukraine does not have the military might to stop the invasion.

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When Variability Is Our Only Constant

Supply Chain Shaman

With the mounting devastation in Ukraine, my heavy heart is a roadblock to writing. The disruption in Ukraine adds a new layer of variability and complexity to an already complicated world with many levels of disruption. COVID, inflation, climate change, and the Ukraine war are a layer of complexity with compounding effects.

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OECD Trims Economic Forecasts as a Result of Ukraine Conflict

Supply Chain Matters

In this Supply Chain Matters commentary, we highlight the latest OECD global economic forecast in the ongoing light of the Ukraine conflict and provide some additional industry supply chain implications. . In addition, supply chains around the world are dependent on exports of metals from Russia and Ukraine. All rights reserved. .

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How is the Logistics Economy Holding Up?

Logistics Viewpoints

However, the immediate changes in consumption patterns and the subsequent “get out of the house” rebound were quickly followed by widespread inflation and the Ukraine war. Global Manufacturing PMI Global Trade as a Barometer Clearly domestic business activity is much larger than international trade. But what about now? Source: J.P.

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100+ Supply Chain Crisis Statistics: Raw Materials, Covid-19, Labor Shortages, and More

ToolsGroup

How the War in Ukraine is Impacting the Supply Chain and Raw Material Prices. Increased Shipping Costs, Delays, and Transportation Issues. 49% of respondents were from the manufacturing industry, 16% from the mechanical engineering sector, and 11% from the automotive market. Covid-19’s Impact on the Supply Chain Crisis.