Remove Procurement Remove Russia Remove Shipping
article thumbnail

5 Steps to Address the Rising Geopolitical Risks to Your Supply Chain

Logistics Viewpoints

As an example, a major retailer whose market presence is in the Americas realized that several of their shipments that originate in China pass through Russia to make their way to the west and are now subject to shipment backlogs. Increased input costs: Russia is the second largest crude oil supplier in the world.

article thumbnail

What Shippers and Retailers Need to Know for Peak Season Planning 2022

The Logistics of Logistics

When asked what peak season is, it’s easy to assume the holidays are the only peak shipping season. However, four shipping seasons occur throughout the year and are often regular and expected. That was the case until the ongoing disruptions of the past few years changed the shipping game. Q2: The Produce Shipping Season.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

ToolsGroup

Increased Shipping Costs, Delays, and Transportation Issues. Dealing with the Shipping Container Crisis. Following a March 2022 surge of Covid-19 in Shanghai, shipping company A.P. Because Russia and Ukraine are leading exporters of grain, wheat futures in Chicago rose by almost 6% to $9.26 Accenture ). McKinsey ).

article thumbnail

How Russian Sanctions Are Impacting Global Supply Chains!

Supply Chain Game Changer

The modern supply chain is global and often depends on Russia for production, either equipment or materials. Sanctions make these elements harder to procure elsewhere while preventing many companies from using existing Russian sources. What’s impacted? Raw materials. In a recent document , the U.S.

Russia 97
article thumbnail

The impact of regional instabilities on the Global Supply Chain and how ERP can help

SYSPRO Smarter ERP

Even before the pandemic, global supply chain were fragile thanks to factors such as the US-China trade war, less efficient shipping routes and a huge drive to cut costs by consolidating loads. Russia is the world’s third-largest oil producer and the second-largest foreign oil supplier to the US.

article thumbnail

High Prices and Low Availability Plague the Electrical Supply Chain!

Supply Chain Game Changer

Earlier this year, before Russia invaded Ukraine and COVID-19 reemerged in China, it seemed we would finally enjoy relief from supply chain interruptions and price increases. Add a resurgence of Covid-19 in China near major ports for a further strain on shipping , and supply chains as we once knew them are a thing of the past.

article thumbnail

Where’s My Inventory? Managing Disruption Across Multiple Supplier Tiers

BlueYonder

In his recent blog , Anmol Khurana discussed the immediate effects of the Russia-Ukraine conflict for companies shipping products in and out of the region. Even more damaging are the potential long-term impacts for the world’s food supply as Russia seizes Ukraine’s grain supplies and harvesting equipment.